Link: College grads prospects improve

A new study by Monster.com found that seventy-six percent of employers are planning to hire college graduates over the summer. This is up four points from last year. However, the same survey found that employers are not planning to raise wages or benefits for new workers. In fact, companies are finding they have, on average, 70 applicants for each job.

This story confirms something that I suspected based on talking with my fellow classmates. It is really hard to find a job. Even though employers are hiring more people, positions are still scarce. It's even more distressing to learn that wages and benefits are remaining static.