Good News for Graduates

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217,000 jobs were added in May of this year, the fourth consecutive month where at least 200,000 jobs were gained. The last time a streak of this magnitude occurred, Bill Clinton was president. The slew of economic reports making headlines recently have been mostly positive. We now have gained back all the jobs lost during the recession, and are beginning to make positive ground. However, not all the statistics are rosy. Despite the added jobs, our unemployment rate has not budged – job growth has been outdone by population growth. Furthermore, the labor participation rate has seen no growth and remains at a historical low. These numbers are tricky to decipher, because it’s tough to say how many people are giving up the job search versus how many baby boomers are opting for early retirement.

One thing is clear, however. The job market for college graduates is getting stronger. Employers are planning on hiring 9% more graduates compared to last year, and paying on average 1.2% more in salary. The biggest beneficiaries of graduate employment growth are the so called “STEM” majors: science, technology, engineering and math. These majors are having no problems finding work, where some of the liberal arts majors haven’t seen as significant of a gain in the job market. Overall, things are looking up for our economy, and our graduates.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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