BrendonFinnemore+05-06-2010

**2010 graduates enter the market**

By Brendon Finnemore

(Bangor) - The students of  [|Husson University]  and the  [|New England School of Communications]   are busy readying themselves for the final week of classes. For many, it will be the last exams of their college career. For those in the graduating class of 2010 it's an exciting time to begin a new chapter of their lives. The challenges facing this group, however, are not to be taken lightly.  [|Markets]  have been consistently declining, and dropped enough to frighten even the simplest of investors. [|//In an article by Alexandra Twin//] , writer for  [|CNN Money] , she notes the debt problems of Europe are also affecting business here in the States. The constant globalization of business creates problems for graduates seeking positions internationally. 

For those fighting for the perfect job locally, the road isn't any easier. Mike Dorning of [|BusinessWeek] explains the story of a engineer still seeking employment in his career field. //Class of 2010, meet the competition: the Class of 2009. "It's discouraging right now," says 24-year-old Matt Grant, who graduated 10 months ago from Ohio State University with a degree in civil engineering and three internships. He finally has a job—as a banquet waiter at a Clarion Inn near Akron. Grant has applied for more than 100 engineering positions around the country. "It's getting closer to the Class of 2010 [graduating]," Grant says. "I'm starting to worry more."// //[|Read the rest of the article here.]

So not only are 2010 grads competing against fellow graduates and the unemployed, but also a significant portion of the class of 2009 who remain on the hunt for the job they want. With an estimated 1.6 million graduates this year alone, the odds are not in anyone's favor.

But is the news all so gloomy? No, not according to most of the [|leading economic indicators]. Published at the end of April, the [|USA Today] graphs and explains the relatively good outlook of the current economy. Through September, indicators show the [|Gross Domestic Product] (GDP) growing by 3.0% June through September. Any real increase in GDP is a positive for jobseekers. //[|Story Here.]

Although a very small percentage of the class of 2010, [|Husson] and [|NESCom] face the same difficulties of every other school sending graduates into the job market. Although jobs will be fewer and more competitive, they will be available. //

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