Dive Brief:

• Employers are recruiting new college graduates at a pace not seen since the 1999-2000 dot-com boom, according to a study by the Michigan State University College Employment Research Institute.
• The institute surveyed 5,700 employers that will hire 120,000 new graduates in the 2014-15 school year, with 78% of those graduates having bachelor’s degrees.
• Six sectors report double-digit growth over 2013-14 in hiring new bachelor’s degree graduates.

Dive Insight:

The six sectors are nonprofits, at 16%; manufacturing, at 17%; government, at 24%; professional, business, and scientific services, also at 24%; finance and insurance, at 31%; and information services at 51%. As for the factors driving the hiring, 66% of the employers surveyed reported that growth was very important and 45% of them said turnover of their existing workforces was an important consideration in determining how many new grads to recruit. The institute plans to release a full report on the survey's findings at the end of November.