Experts Weigh In On Current Job Market Trends
March 17, 2021
Given the change of course that has happened in the world, we wanted to provide expert opinions on what aspiring graduates can do to start off their careers in an uncertain economic climate. We wanted to know what skills will be more important, where the economy is doing relatively well, and if there will be any lasting effects on the job market.
Companies are looking for candidates that can handle the new responsibilities of the job market. Recent graduates actually have an advantage because they are comfortable using newer technologies and have been communicating virtually their whole lives. They can take what they've learned and apply it immediately.
We spoke to professors and experts from several universities and companies to get their opinions on where the job market for recent graduates is heading, as well as how young graduates entering the industry can be adequately prepared. Here are their thoughts.
Our Panel of Experts
Tufts University
Will there be an enduring impact of the coronavirus pandemic on graduates?
Andrew Camilli: A short-term impact is happening now because of limited hiring due to COVID safety protocols that limit the number of people in work spaces. However, this limitation should dissipate as the pandemic winds down this summer and fall. After that, I would hope that hiring of PhD and Master students will accelerate to a high level, given the reminder the pandemic has given us of the importance of biomedical R&D.
What's a good job out of college and why?
Andrew Camilli: For PhD graduates, there are many good job opportunities in diverse institutions, but researcher positions in industry (mainly in biotech and pharma) and postdoctoral research training (academia, industry, government) are the two biggest.
What will help people in your field increase their earning potential?
Andrew Camilli: For scientists interested in industry careers, earning a PhD in areas of research that are of interest to biomedical R&D companies is most important. Also networking with people in industry while in graduate school is important. For careers in academia, publishing several quality peer-reviewed papers as a graduate student is important. For either industry or academia research careers, getting postdoctoral research training can increase your competitiveness for jobs and ultimately your earning potential.
