The tense moment you’ve prepared for during your entire college career is over. You’ve just turned your tassel to the left to signify that you are now a graduate of a higher education institute.
Congrats are in order. Now you’re expected to enter the “real world” ... or at least, the workforce.
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According to a CNBC report, the U.S. economy gained more jobs in April with the unemployment rate remaining below 4% for over two years.
However, the report names reasons why new grads with their eyes set on getting their dream jobs may be in for a bite of a rude awakening despite nabbing a fresh degree.
- Hiring outlook and salary pay projections
- New grads set unrealistic salary expectations, especially with some employers and industries scaling back on hiring plans, the report said.
- Work-life balance expectations
- The report said most young adults aren’t willing to compromise their work-life balance and value their mental health.
The report does have a silver lining for new grads, though.
It states that grads have the best bang for their buck because of companies with remote opportunities.
“In terms of quality and quantity, they can pursue jobs beyond the constraints of a particular zip code,” Vicki Salemi said in the report.
So, a broader location can determine the kind of opportunities and pay a grad would be offered.
To read CNBC’s full breakdown, click here.
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