Would it be strategic to graduate in Fall 2022 in order to avoid recession?
Before anybody tries to tell me we are already in a recession I would like to say I AM AWARE that we are likely on the brink or have already entered the downturn.
My question is centered on the fact that this job market looks like it could get pretty bad, which is never a good sign for fresh graduates looking to enter a competitive field. A few layoffs in banking and tech already seem to have happened. Once employers are no longer desperate for new hires following the great resignation BS I could see hiring practices and remote work start to tighten as well.
Basically should I try to graduate in Fall of 2022 to enter the job market while its still relatively hot.
I graduated with 10% unemployment, we're currently at 3.6% and I knew people who got great starting salaries when it was 6-8%. and if you think by waiting a semester things will be better, think again. one year after graduating it was 9%. year after 8%, year after 7.5%. it goes up faster than it comes down, so if I were you I'd graduate when you're scheduled to unless you want to take some more classes, and just take it as it comes, if you think you can time it you're kidding yourself, no one can accurately predict this stuff reliably
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