May 22, 2013

For a Good Job After College, Go Here


From Yahoo Finance blog

For a Good Job After College, Go Here

By Rick Newman | The Exchange

Many colleges across the country boast of a small-town atmosphere or a peaceful, bucolic setting. But those things could actually impede your hunt for a good job once you graduate.

New research from the Federal Reserve Bank of New York helps confirm what many recent college grads already know: Big cities (along with a big-city education) can provide better job opportunities than smaller ones.
Fed researchers specifically wanted to find out if big cities offer recent grads two types of advantages: The ability to land a job that actually requires a college degree, along with one that’s related to the field they studied in school. The answer to both questions is yes. The Fed’s research shows that recent grads are about 6% more likely to get a college-level job in a metropolis such as New York than in a medium-size city such as Syracuse or Dayton. And they’re about 9% more likely to get a job in a field they majored in.

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