MINNEAPOLIS -- Graduating with a degree from the University of Minnesota is no easy task. Grabbing a diploma and having a job lined up at the same time is an even greater accomplishment. But that accomplishment is more common this year, when compared to the previous three.
"I was prepared to handle it. I sent out hundreds of applications," Graduating Senior Kendra Tillberry said after Sunday's Liberal Arts Graduation. Her friend Hannah Irwin worked equally hard. "A lot of applications for some of the companies are pretty extensive. You start applying in September of senior year," she explained.
Between September of 2008 and August of 2010, 6.9 million American jobs were eliminated. In the past year and a half, more than 3 million jobs have been added across the nation.
"I hope they're right," Graduating Senior Justin Wymore said. The economics major was still searching for work. "Anything I can get really. I'm not going to find the perfect job right away so I figure I'll take anything," he said.
Some experts estimate the amount of college graduates that will find work is up 7% from last year. "I had to start paying my loans back," Graduate Megan Pryor said, after hugging her parents and grandparents. Pryor walked across the stage Sunday and begins work on Tuesday as a Graphic Designer.
"There are lots of kids coming out of college that are not finding jobs and are moving back in with their parents. Although we love our daughter, we don't want her back home," Keith Pryor said with a gigantic smile.
More college graduates are finding the "real world" more accessible. The unemployment rate for college graduates under 25 years old averaged 7.2% in 2012. That's down 2 percentage points from 2011.
(Copyright 2012 by KARE. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)