Recession makes for tight job market
By
Daniel Scarpinato
Arizona Daily Wildcat
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MATT CAPOWSKI/Arizona Daily Wildcat
Computer engineering junior Ross Teske, left, and
program coordinator Claude Netterville conduct a
mock interview Friday afternoon at Career Services in
Old Main. Career Services offers this as an option for
students seeking to reach out into the job market.
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Graduates
can't be as selective, must start looking for jobs earlier, experts
say
Aside
from posting job openings online and reviewing resumés, Glen
Fuss, head of recruitment for America West Airlines, has had to put
his normal activities on hold indefinitely.
Fuss'
recruitment team was set to do its yearly fall tour of West Coast
universities - seeking out college seniors for jobs in the corporate
office. But then the nation went to war, the economy took a tumble
and the airline industry crashed, forcing it to put all its efforts
on post-Sept. 11-security concerns.
"We've
cut back drastically," he said. "We won't be doing any
recruiting."
The
effects of the national recession have been dramatic for America
West and other companies in Arizona such as Raytheon, which laid-off
more than 400 employees last month.
But
the ultimate effects of a receding economy will be felt by graduating
seniors - a group that faces a slimmer job market than job applicants
were met with just last year.
Closed
for business
Company
recruiters say with hiring freezes and layoffs inevitable, recruiting
efforts have been cut back, and in some cases, canceled all together.
"We
have not communicated very much (with universities) because we've
been pretty busy with security," Fuss said.
Based
in Tempe, America West laid off 500 employees from its corporate
office late last year, leaving a small chance for graduating seniors
to land with the company.
The
airline posted a loss of $147.9 million in 2001, compared with a
profit of $7.7 million in 2000.
"Clearly,
the market is not booming relative to what it was over the last
four years," said Jose Mendez, a professor of economics who
studies job market trends at Arizona State University. "Graduates
can't be as selective as they were in the past.
"The
recession is almost like a train that was going full blast,"
he said. "It's decelerated, but it's still going forward."
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MATT CAPOWSKI/Arizona Daily Wildcat
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Mendez
said the economic forecast for this year is looking better than
economists had predicted late last year.
"There
will be a recovery, but it will still be weak," he said.
UA
associate professor of economics Gerald Swanson said the unemployment
rate, which has risen 1.6 percent nationally in the past year, will
go back down, but first it will jump even more than it already has.
Early
in the spring semester, Mendez sent an e-mail to his economics seniors,
advising them to get an early start on job searching.
"Seniors
can't be as selective as they were in the past," he said, recalling
when companies paid for students to relocate and frequently visited
college campuses like the University of Arizona and ASU.
"The
companies are not visiting campuses as much," Mendez said.
"They are scanning Web sites."
At
America West, that's about all that's happening.
"Right
now, if we have an open position, we put it on our Web site and
we get an influx of resumés," Fuss said. "But most
of our efforts have been on opening positions - gate agents, entry
level positions."
W.
L. Gore & Associates - which produces fluoropolymer, a product
used in electronics, medical implants and fabrics - recruits graduates
for its medical division in Flagstaff, said recruiter Mike Glemser.
But
this year, the company has cut back on its recruitment by 60 percent,
Glemser said.
"From
a college recruitment level, we definitely cut back," he said.
"At Gore, in all, there are not as many positions available."
Glemser
said Gore recruits from 12 schools nationwide, particularly for
chemical and mechanical engineering majors.
He
said the company has still gone through the college recruitment
process and is currently hiring for seniors graduating in May. Recruiters
from Gore will attend the job fair through the College of Engineering
later in the semester, he said.
Real-world
experience
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AMY WINKLER/Arizona Daily Wildcat
Josh Berger, a business administration and finance senior, tries
on suits at the Men's Wearhouse last week in anticipation of upcoming
job interviews. "You go to college for four years. You don't want to settle.
You want your dream job," he said about braving the diminishing job market.
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With
the cut in both the number of full-time and intern positions Gore
will hire, Glemser said students will face a much more competitive
job market.
"(Seniors)
are definitely going to have to be proactive," he said. "Real
work experience is really what we look for. Anything they can do
to make themselves look more attractive."
Eric
Dettmer, a Phoenix recruiter for Honeywell, said 75 percent of Honeywell's
hires have internship experience.
Josh
Berger, a UA finance senior, will begin working as a financial analyst
for Intel in Phoenix after he graduates in May.
"You
go to college for four years," he said. "You don't want
to settle. You want your dream job."
But
Berger's quest for a job was not an easy ride - he was told by some
employers that they couldn't afford to hire interns.
"I'd
say for me, it was pretty difficult, even last year at the end of
the semester," he said. "I would go to interviews, and
it seemed they already had candidates in mind."
Dettmer
said recruiting has not stopped at the Honeywell's Arizona division.
"Absolutely
we're recruiting," he said. "We still have a large concentration
of recruiters at both ASU and UA."
Dettmer
said the recruitment of Arizona graduates for the Phoenix division
of Honeywell has not subsided, but for graduates outside the state,
recruiting has leveled off.
"We
have targeted schools," he said.
He
said five students from the UA and 16 from ASU have been recruited
so far this semester for full-time positions with the company.
At
American West, however, the future is still uncertain.
"Right
now its up in the air," Fuss said. "If we did do any recruiting,
it would not be until August or September, but that is so undetermined."
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