NEW ORLEANS, La.--(COLLEGIATE PRESSWIRE)--Mar 17, 2003--The labor market prospects for the Class of 2003 reflect the general state of the economy -- sluggish with little growth. While the percentage overall change from last year will be only a minus 1%, there will be variation across industrial sectors as well as size of company. According to Michigan State University`s annual Recruiting Trends survey, employers will hire slightly more bachelor`s graduates but fewer MBAs. Starting salaries will move upward by 1% to 3% for some companies but many plan to realign the high end of their salary ranges. The longer the economy remains stagnant, the greater the likelihood that salary levels may actually contract. Employers expect to hire fewer entry-level people this year for technical positions. Engineers and computer science graduates will have a challenging time as larger manufacturing firms, computer companies and consulting firms will only be hiring for a few positions this year. Some opportunities remain for liberal arts graduates as employers continue to seek well-rounded employees who can communicate, think critically and possess strong interpersonal skills. Business majors are poised to experience a rebound.
The Top 100 Employers� listing, featured in the Second Semester Super Issue, February 2003 of THE BLACK COLLEGIAN Magazine, ranks the survey respondents according to the projected number of hires from college recruiting for the Class of 2003. The top 20 employers are: 1-Enterprise Rent-A-Car: 2-U.S. Navy (Officer Program); 3-U.S. Customs Service; 4-Broward County Public Schools; 5-Wells Fargo Financial; 6-Ernst & Young; 7-Accenture and Fairfax County Public Schools; 9-Johnson & Johnson; 10-KPMG LLP; 11-Wal-Mart Stores, Inc.; 12-U.S. Air Force-Civilian; 13-DaimlerChrysler Corporation; 14-Raytheon Company; 15-Lucent Technologies and Northrop Grumman; 17-Federated Department Stores, Inc.; 18-The Sherwin-Williams Company; 19-Liberty Mutual Group; and 20-Prince William County Schools. A complete list follows of the Top 100 Employers for 2003.
In addition to the Top 100 Employers� section, the Second Semester 2003 Super Issue features job search strategies, career opportunities in audiology and speech therapy, engineering, and the military. Also featured are industry reports on retailing and hospitality. Also published are an African-American History section, an interview with NAACP CEO Kweisi Mfume, Miss America 2003, a feature on success tips from wealthy African Americans, plus lots more. THE BLACK COLLEGIAN Magazine is distributed free of charge through Career Services Offices on more than 800 campuses nationwide. This issue can be accessed on the Internet at www.blackcollegian.com.
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The Top 100 Employers for the Class of 2003
Revised List
Rank / Employers / Total Projected Hires
1 Enterprise Rent-A-Car 6,200
2 United States Navy (Officer Program) 2,500
3 United States Customs Service 2,407
4 Broward County Public Schools 1,900
5 Wells Fargo Financial 1,830
6 Ernst & Young 1,800
7 Accenture 1,500
7 Fairfax County Public Schools 1,500
9 Johnson & Johnson 1,162
10 KPMG LLLP 987
11 Wal-Mart Stores, Inc. 960
12 United States Air Force - Civilian 662
13 DaimlerChrysler Corporation 600
14 Raytheon Company 570
15 Lucent Technologies 525
15 Northrop Grumman 525
17 Federated Department Stores, Inc. 523
18 The Sherwin-Williams 455
19 Liberty Mutual Group 400
20 Prince William County Schools 376
21 JCPenney Co. 335
22 Hewitt Associates 329
23 SAFECO Corp. 326
24 Caterpillar Inc. 309
25 Marriott International 304
26 Black & Decker 300
26 United States Patent and Trademark Office 300
28 Cargill, Inc. 287
29 Ford Motor Company 255
30 The May Department Stores Co. 250
31 Federal Bureau of Investigation 246
32 Coca-Cola Enterprises, Inc. 240
33 Wachovia Bank/ Wachovia Securities 236
34 Bank One 230
35 Countrywide Financial Corp. 228
36 Merck 225
37 National City Corporation 207
38 BB&T; 201
39 Kohl`s Department Stores 185
40 Eckerd Youth Alternatives, Inc. 165
40 Towers Perrin 165
42 Hyatt Hotels Corporation 161
43 Avanade 150
43 International Paper 150
45 Southwest Research Institute 147
46 General Motors Corp 146
47 Genentech, Inc. 144
48 ConAgra Foods 141
49 Watson Wyatt Worldwide 140
50 American Express Company 130
51 SAKS Incorporated 128
51 Hartford Customer Service Group 128
53 Hershey Foods Corporation 122
54 Abbott Laboratories 114
55 Cigna Corporation 107
56 Miami Valley Hospital 105
57 Applied Materials 104
58 3M 103
59 Framatome ANP 101
60 Hurst-Euless-Bedford ISD 100
60 Illinois Department of Transportation 100
60 Valassis 100
63 Unisys 94
64 Starwood Hotels and Resorts Worldwide, Inc. 87
65 Jackson Board of Education 83
66 Principal Financial Group 75
67 Dell 67
68 HDR, Inc. 63
69 Honda R&D; Americas, Inc. 62
70 Aon Corporation 61
71 The Home Depot 60
72 Naval Financial Management Career Center 57
73 Entergy Corporation 55
74 Westinghouse Electric Company 53
74 The Aerospace Corp. 53
76 Federated Merchandising Group 50
76 Convergys 50
76 Value City Department Stores, Inc. 50
76 Rockwell Collins 50
80 Toyota Motor Sales USA 45
81 Johns Hopkins University APL 40
82 Rolls-Royce 38
83 Union Bank of California 37
84 NCR Corporation 35
85 Ace Hardware Corporation 32
85 Cianbro 32
87 ACNielsen BASES 30
87 Olive Garden Italian Restaurants 30
87 Burdines 30
90 Midwest Research Institute 25
91 HBE Corporation 22
92 Washington Group International 19
93 L`Oreal 18
93 Koch Industries, Inc. 18
95 The Gillette Company 17
96 Center Point Energy Inc. 14
97 SWIFT 12
98 United States Bureau of Reclamation 11
99 IGT 10
100 Johnson Controls 8
101 Dave & Buster`s 7
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