2016 Archives

College grads, take heart: You're entering best job market in years

Excerpt

The following is from the May 23, 2016, edition of The Dallas Morning News. Regina James, an associate director at SMU’s Hegi Family Career Development  Center, and Bernard Weinstein, an economist and associate director of the Maguire Energy Institute at SMU’s Cox School of Business, provided expertise for this story.

May 24, 2016

By JILL COWAN
Staff Writer

On a recent Tuesday afternoon, the denizens of Southern Methodist University’s campus seemed to move at a leisurely pace.

searchA few cyclists clicked along the pathways and the stately brick buildings, with their bright white colonnades, were quiet. Commencement had taken place a few days earlier.

But for Regina James, the busy season was getting into full swing.

“There are still students who are in transition. They’re either waiting to hear back about offers — there’s a little anxiousness there — or they’re students that maybe just didn’t get around to the search, so they’re starting to reach out and say, ‘I don’t have anything yet,’” she said. “Those students, we’ll be helping throughout the summer.”

James is the associate director for employer relations at SMU’s Hegi career center.

Experts say newly-minted college graduates in the Dallas area are entering one of the best job markets they’ve seen. But James said that’s no excuse to slack off in the hunt.

“We encourage students to have multiple internships for a number of reasons,” she said. “You’ve got to think about it as, not only are you competing against your peers here, you’re competing against peers from other institutions in the area, you’re competing against institutions nationally [whose students] may desire to live in the Dallas area.” . . .

In Dallas-Fort Worth — one of those metro areas with a low unemployment rate — there’s extra momentum, said Bud Weinstein, an economist and associate director of the Maguire Energy Institute at SMU’s Cox School of Business.

The region’s economy is more diverse than it’s ever been. And more companies are relocating or expanding in North Texas — in part because they’re attracted by the area’s talent pool.

“Dallas-Fort Worth probably has the strongest job market in the nation among large metropolitan areas — maybe not in absolute numbers, but certainly in percentage terms,” Weinstein said. “I think the job market has never looked better, particularly for college graduates.”

Read the full story.