Job Seekers Less Optimistic in January than in December:Results of CollegeRecruiter.com Job Seeker Confidence Index for January 2008

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Although 69 percent of college students and recent graduates believe that it would take them three or fewer months to find a job if they were to start looking for a new job today, their optimism is not quite as strong as it was in January when 72 percent expected to find a new job within three months.

We are, however, disappointed that their confidence seems to be waning. The slipping confidence is understandable given the economic, geopolitical, and domestic political uncertainties.

Despite the continuing flat stock market, subprime mortgage scandals, fears of recession, and uncertainty in the policical arena, a large majority of college students and recent graduates remain optimistic about the prospects they face in the job market but their optimism is not quite as strong as it was a month ago.

CollegeRecruiter.com, the leading job board for college students searching for internships http://www.CollegeRecruiter.com/pages/internship-job-postings.php and recent graduates hunting for entry level jobs http://www.CollegeRecruiter.com/jobs and other career opportunities, conducts a monthly poll in which candidates are asked, "If you were to start looking for a new job today, how many months would you expect it to take to find one?" In November, almost 75 percent of respondents expected that it would take them only three or fewer months to find a job and fewer than 13 percent believed that it would take them longer than a year. In December, almost as many candidates expected that it would take them only three or fewer months to find a job but only five percent believed that it would take them longer than a year. In January, 69 percent expected that it would take them only three or fewer months and slightly over
eight percent believed that it would take them longer than a year.

The results of the CollegeRecruiter.com Job Seeker Confidence Index for January 2007 are available at http://www.CollegeRecruiter.com/pages/pressrelease01102008.php .

"We were quite pleased to see that the college students and recent graduates who use CollegeRecruiter.com to find internships, entry level jobs, and other career opportunities were confident about their ability to find a new job quickly," said Steven Rothberg, President and Founder of CollegeRecruiter.com. "We are, however, disappointed that their confidence seems to be waning. The slipping confidence is understandable given the economic, geopolitical, and domestic political uncertainties."
CollegeRecruiter.com will update the CollegeRecruiter.com Job Seeker Confidence Index on a monthly basis. For updates, visit the CollegeRecruiter.com Press Room page at http://www.CollegeRecruiter.com/pages/press-room.php .

About CollegeRecruiter.com

CollegeRecruiter.com is the leading job board for college students hunting for internships and recent graduates looking for entry level jobs and other career opportunities. CollegeRecruiter.com features hundreds of thousands of job openings and tens of thousands of pages of employment-related blogs, articles, podcasts, and videos. For more information, please visit http://www.CollegeRecruiter.com .

Contact Information for CollegeRecruiter.com:

Steven Rothberg
Steven(at)CollegeRecruiter.com
800-835-4989 x704

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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