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4A
A(i( JIELIFl
Tuesday, January 27, 2004
THE BATTALIO
Degrees don’t mean jobs for college grads
By Steve Giegerich
THE ASSOCIATED PRESS
NEW BRUNSWICK, N.J. — Eager to ride the high-tech tide,
Andrew Zhou double-majored in computer science and finance
when he arrived at Rutgers University in 2000.
As graduation approaches, Zhou is pinning his hopes on
finance and dropping the idea he once had that computer know
how guaranteed him a job.
“Four years ago, it seemed like an awesome major,” Zhou said
as he waited to speak with a recruiter for a telecommunications
management firm at Rutgers’ annual career day.
“Now, nobody wants to get in because all the jobs are
going to India.”
While there are hopeful signs outside the technology sector, out
sourcing of computer programming and customer service jobs to
China, India and other countries with cheaper labor costs have
dimmed prospects for seniors like Zhou, said Richard White, direc
tor of career services at Rutgers.
A recent report from Forrester Research projected that close to
3.3 million American tech jobs will go to overseas workers by 2015.
“Jobs that used to be available for U.S. citizens are being diverted
overseas where the quality is equal or better at a fraction of the cos
White said.
“The entry level positions just aren’t out there now,’’ agret
Halbert Wilson.
A January graduate with a degree in infonnation technology from a
New Jersey Institute of Technology, Wilson is counting on contacts!
during an internship with a pharmaceutical company to help him get ay
Experts say the best sectors for seniors to find employment art
finance, health care, advertising and government. A jump in the numh
of campus recruiters visiting campuses is giving students hope.
After two years of low growth, the National Association
Colleges and Employers is forecasting a 12.7 percent hiringjuir
this year.
NACE spokeswoman Camille Luckenbaugh warned that while 51 [e
cent of the employers surveyed by the group said they would incitJ
recruitment of college graduates this year, another 28 percent indicaJ
they would curtail hiring on campuses. IlML
Internal Revenue Service recruiter Doug Fuller was besieged at fM' 1 â–  K
Justin
Rutgers’ career day.
the freev
“The economy has perhaps changed the mind-set of this generatw^"' 1 ’^
where they think more about jobs w ith greater stability than youcoi:P rs,en 1
encounter in the private sector,” Fuller said.
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The Battalion