Golden Days

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That old June-time worry—a job—need not bother the Class of '47. So said the Wall Street Journal last week. After a quick look around, the Journal decided that the U.S. is full of jobs for this spring's 185,000 graduating collegians:

To engineers, chemists and physicists will go the biggest money and the widest choices. Big corporations like General Motors have been shopping for months among the best U.S. technical schools. At Massachusetts Institute of Technology, each of the 548 seniors can turn down two jobs for the one he picks; the 49 prospective Ph.D.'s have 25 offers apiece. Average price tag on a Bachelor of Science: $225 to $300 a month; on Ph.D.s: up to $500.

A liberal arts or business administration graduate will find his sheepskin worth 15% less than if he had gone in for science. Even so, jobs as salesmen, accountants, beginners in banking and insurance are plentiful.

The Journal added aN sobering note: by June 1948, demand and salaries will probably fall as the supply of graduates increases.