Job Seekers Less Optimistic in February than in January or December

Although 65 percent of college students and recent graduates believe that it would take them three or fewer months to find a job if they were to start looking for a new job today, their optimism is not quite as strong as it was in January when 69 percent expected to find a new job within three months or in December when 72 percent expected to find a new job within three months. Job Seekers Less Optimistic in February than in January or December: Results of CollegeRecruiter.com Job Seeker Confidence Index for February 2008
Minneapolis, Minnesota, February 11, 2008 - Due to factors such as the continuing flat stock market, subprime mortgage scandals, fears of recession, and uncertainty in the political arena, college students and recent graduates are increasingly pessimistic about the prospects they face in the job market.

CollegeRecruiter.com http://www.CollegeRecruiter.com, the leading job board for college students searching for internships and recent graduates hunting for entry level jobs and other career opportunities, conducts a monthly poll in which candidates are asked, "If you were to start looking for a new job today, how many months would you expect it to take to find one?" In November, almost 75 percent of respondents expected that it would take them only three or fewer months to find a job and fewer than 13 percent believed that it would take them longer than a year. In December, almost as many candidates expected that it would take them only three or fewer months to find a job but only five percent believed that it would take them longer than a year. In January, 69 percent expected that it would take them only three or fewer months and slightly over eight percent believed that it would take them longer than a year. In February, 65 percent expected that it would take them only three or fewer months and almost six percent believed that it would take them longer than a year.

"We were quite pleased to see that the majority of college students and recent graduates who use CollegeRecruiter.com to find internships, entry level jobs, and other career opportunities were confident about their ability to find a new job quickly," said Steven Rothberg, President and Founder of CollegeRecruiter.com. "We are, however, disappointed that their confidence is waning. The slipping confidence is understandable given the economic, geopolitical, and domestic political uncertainties."

CollegeRecruiter.com will update the CollegeRecruiter.com Job Seeker Confidence Index on a monthly basis. For updates, visit the CollegeRecruiter.com Press Room page at http://www.CollegeRecruiter.com/pages/press-room.php.

About CollegeRecruiter.com

CollegeRecruiter.com is the leading job board for college students hunting for internships and recent graduates looking for entry level jobs and other career opportunities. CollegeRecruiter.com features hundreds of thousands of job openings and tens of thousands of pages of employment-related blogs, articles, podcasts, and videos. For more information, please visit http://www.CollegeRecruiter.com.
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