Demographics are playing in the favor of recent college graduates, says Bob LaBombard , chief executive officer of GradStaff Inc., a Minneapolis-based firm that offers outsourced applicant interviewing and college recruiting.
“Baby boomers like myself are marching towards retirement and exiting the workforce, or at a minimum working reduced schedules and so forth,” he says. “A lot of industries are not well-prepared for that change and even though they know it’s been coming, they haven’t acted on it and now they’re being forced to.”
LaBombard says there’s “inefficiency” in the market because employers are unsuccessful in connecting with the right candidates, and young job seekers don’t know where to find work.