U’s Job Fair a Bright Spot Amid Dim Hiring Outlook?
A recent report by the Star Tribune paints a somewhat dismal picture for the local hiring scene.
But another story by the Minneapolis newspaper might indicate a bright spot: A massive job fair being hosted by the University of Minnesota has given its organizers confidence that more companies are looking to hire employees in positions related to science and engineering.
The Star Tribune reported that the Manpower Employment Outlook Survey, which was released on Tuesday, showed that just 12 percent of Twin Cities employers said they expect to hire in the fourth quarter, while 11 percent plan to lay off workers by the end of the year. That equates to a projected net employment growth of only 1 percent, versus the third-quarter outlook of 17 percent.
A separate report by the Minneapolis newspaper indicates that the University of Minnesota's College of Science and Engineering is hosting the largest career fair in its history on Tuesday.
The fair will feature 133 companies, up 56 percent from last year-an indicator to the event's organizers that there is increased demand and a positive hiring outlook for science and engineering jobs, according to the Star Tribune.
In fact, roughly 20 companies were reportedly turned away from the event because TCF Bank Stadium, where it will be held, will be full.
Mark Sorenson-Wagner, director of the Career Center for Science and Engineering, told the Star Tribune that companies that were involved in past career fairs but scaled back during the recession are now returning and ramping up their recruiting efforts.
To learn more about the Manpower survey and local hiring projections in the Star Tribune, click here.
Read the Star Tribune story about the U of M job fair here.