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National Public Radio ran a story today on the job prospects for MBA graduates these days.
While it is harder to find a job than it used to be, many businesses evidently learned a lesson from the experience of the 2001 downturn. Back then, many financial institutions stopped hiring altogether. The result was that when the economy got better, the banks and brokerages didn't have the people they needed to train new hires. So today there's still some hiring going on…
That said, signing bonuses are shrinking. The days of $50K signing bonuses are pretty much gone.
You can listen to the story online.
Photo courtesy of iStockphoto, Image# 1735996
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