Canada's economy is taking a hit in the global recession. The unemployment rate now stands at 7.2 per cent nationally and 8 per cent in Ontario. Among youths aged 15 to 24, the rate is 12.7 per cent.
In Ontario, thousands have been laid off in the auto industry, the manufacturing sector is being ravaged and retail is sagging.
HOWEVER, PEOPLE are still being hired every day.
U of T's career centre reports robust hiring in occupations involving engineering, business/commerce/MBA, computer science, economics, actuarial science, pharmacy and health care.
"There's doom and gloom everywhere, but we continue to help students with employment and help them with their career choices," reports centre associate director Lynn Brownlie, who says even arts and science graduates are being sought by employers.
Internships, work placements, international exchanges and real-world projects were all cited by student career centres as key additions to students' resumés that help them land jobs in difficult times.
Wendy Cukier, associate dean academic at the Ted Rogers School of Management at Ryerson University, reports that 85 per cent of students in internships last year were offered full-time positions by the company with which they interned.