College Grads Don't Want To Go Work For Startups

Jobs Employment Initial Claims Unemployment Hiring WorkforcePeople wait in line at a job fair sponsored by State Senator Jose R. Peralta and Elmcor Youth and Adult Activities in New York City.

Photo: Spencer Platt/Getty Images

Here’s a surprise: college graduates aren’t all that interested in startups. So says job search site SimplyHired.com.It surveyed over 250 folks in college and found that only 4 per cent named a startup as their ideal place to work.

More students wanted something a teeny bit bigger like a small or medium sized businesses (39 per cent).  Plus 27 per cent were gunning for a large corporation. Even in these Tea Party times, 19 per cent wanted to work for the government.

Why? A good chunk of college students want job security — one third said that this was more important to them than salary.

Who can blame them? SimplyHired.com says that hiring has slowed in nearly all industries and in all top cities — right when grads are pounding the pavement looking for work. That includes tech jobs. In April the number of new tech jobs dropped by 10% from March.

Scarier still, in April there were three unemployed people for every job opening.

Here’s a a sad look at the vanishing jobs:

Job openings May

Photo: SimplyHired.com

 

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