GITNUX MARKETDATA REPORT 2024

Must-Know Entry Level Jobs Statistics [Latest Report]

With sources from: kornferry.com, zippia.com, federalreserve.gov, burning-glass.com and many more

In this post, we explore key statistics related to entry-level jobs in the United States. From the percentage of recent college graduates in entry-level positions to the impact of internship experience on job prospects, these figures shed light on the evolving landscape of entry-level employment. Grab a cup of coffee and dive into the numbers that shape the reality for job seekers and employers alike.

Statistic 1

"48% of recent college graduates held entry-level jobs in 2019."

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Statistic 2

"27% of employers prefer entry-level job candidates with internship experience."

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Statistic 3

"In 2020, the average starting salary for entry-level jobs in the US is $54,065."

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Statistic 4

"Marketing and communications entry-level jobs have a 37% underemployment rate."

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Statistic 5

"Only 36% of entry-level job postings are available online."

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Statistic 6

"Entry-level finance jobs had a 19% growth rate from 2016 to 2019."

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Statistic 7

"22% of entry-level job candidates have a longer job search than 3 months."

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Statistic 8

"In 2021, 45% of remote job postings are entry-level positions."

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Statistic 9

"In 2020, 79% of entry-level jobs in the US required at least a Bachelor’s degree."

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Statistic 10

"Entry-level jobs in the hospitality industry experienced an 84% decline in 2020 due to the COVID-19 pandemic."

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Statistic 11

"In 2020, 61% of entry-level jobs were being offered in large metropolitan cities."

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Statistic 12

"Entry-level jobs accounted for 36% of all job postings in February 2021."

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Statistic 13

"The hiring of entry-level workers dropped by 45% during the COVID-19 pandemic between March and May 2020."

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Interpretation

In conclusion, the statistics presented paint a comprehensive picture of the entry-level job landscape in the US, revealing key trends and challenges. The data show that while a significant percentage of recent college graduates secure entry-level positions, competition remains fierce, with internship experience being highly valued by employers. Starting salaries vary across industries, with marketing and communications roles facing higher underemployment rates. The shift towards remote work is evident, with a notable portion of job postings being for entry-level remote positions. However, the impact of the COVID-19 pandemic is clearly seen, particularly in industries such as hospitality, which suffered a significant decline in entry-level job opportunities. Despite these challenges, the growth in certain sectors like finance is promising, indicating opportunities for job seekers to pivot towards in-demand fields. Additionally, the data suggest that job search duration can be prolonged for a substantial portion of entry-level candidates. Overall, these insights underscore the dynamic nature of the entry-level job market and the importance of adapting to changing trends and demands.

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