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Campus Now

Spring Verdure Issue (May)

NEWS REPORT

Within tough conditions, the key is eliminating mismatches between corporations and students

Employment conditions in 2010

*Corporations hiring more than 20 employees

The frontline of employment in 2010 was labeled as an "extreme employment ice age" by experts who pointed out the continuing decline in the rate of students receiving employment offers. This decline has continued from the previous year when the employment market was affected by the Lehman Shock. The jobs-to-applicants ratio for university students (estimate of job openings for candidates seeking employment at private corporations; survey by Works Institute, Recruit Co., Ltd.) was 1.28, indicating that there were 128 job openings for every 100 students. However, corporations continued the trend of even more selective hiring and there was no change in student's desire for employment at major corporations. This resulted in a conspicuous mismatch between job openings and applications. When conducting job search activities, there was an extreme difference between students who adhered to their initially preferred employer and students who skillfully aligned their selection with their own aptitudes.

Career path of graduates

We are in the process of tabulating reports on the career paths for students who graduated in September 2010 and March 2011. Currently available data is shown in the chart below.

From the total of 9,364 undergraduate students who reported on their career paths, 6,039 students (64.5%) sought employment, 2,146 students (22.9%) pursued further education or studied abroad, 303 students (3.3%) sat for certifying examinations, and 870 students (9.3%) were undecided or pursued other options. In recent years, the ratio of undergraduate students seeking employment has risen from 60% to 70%, while the ratio of students pursuing further education has fallen to about 20%. The ratio is affected by economic trend. Compared to 2009, employment has increased by 1.6%, further education has decreased by 1.5%, certifying examinations have decreased by 0.3% and other options have increased by 0.3%. Judging from these numbers, it appears that employment conditions have improved slightly.

From the total of 2,694 graduate students (Master's Program) who reported on their career paths, 1,798 students (66.7%) sought employment, 269 students (10.0%) pursued further education or studied abroad, 259 students (9.6%) sat for certifying examinations, and 368 students (13.7%) were undecided or pursued other options. Compared to 2009, employment has decreased by 1.4%, further education has decreased by 1.2%, certifying examinations have decreased by 0.6% and other options have decreased by 3.1%. These numbers show that severe conditions continue to persist.

The table on the right shows employment conditions (20 or more employees hired) by corporation. Overall, financial institutions and manufacturers compose a large percentage of employers. These results conform to yearly trends without significant change.

Career and employment support offered by the Career Center

The Career Center holds a wide variety of events for forming careers and supporting employment. The center also conducts individual student consultation as necessary. Please recommend students struggling with their job search to visit the Career Center.

Currently, 4th year undergraduate students and 2nd year graduate students in the Master's Program are conducting job search activities. The selection schedule of many corporations has been delayed as a result of the Great East Japan Earthquake. Normally, there is a rough flow in which earnest selection activities begin concurrently from April. In this flow, major corporations would extend employment offers around the Golden Week holiday, followed by offers from mid- and small-sized corporations. However, this year, overlapping is forecasted for the selection schedule of many major, mid- and small-sized corporations. Furthermore, the disaster has resulted in deteriorating economic conditions which will most likely cause corporations to reduce the number of job openings or conducting an even stricter selection process. Our center plans to instruct students not to focus on the name recognition or size of corporations. Instead, we hope that students will explore a wide range of options during their job search.

*Both tables are current as of April 7th, 2011