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MBAs Are Graduating Into the Best Job Market in a Decade

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School of Business graduates toss a beach ball around during commencement exercises at the University of Connecticut in Storrs, Conn., Sunday, May 7, 2006. (AP Photo/Jessica Hill)

School of Business graduates toss a beach ball around during commencement exercises at the University of Connecticut in Storrs, Conn., Sunday, May 7, 2006. (AP Photo/Jessica Hill)

 

(Bloomberg) – This year’s business school graduates are looking for work right on time: More companies want to hire them than at any point in the past decade, a new report shows.

Corporations around the world say they will hire considerably more MBAs in 2015 than they have in any single year since 2003, according to projections by the Graduate Management Admission Council, which administers the GMAT. In its annual survey of corporate recruiters, GMAC found that 84 percent of companies globally say they will hire people with master’s of business degrees, up from 74 percent that brought on new MBAs last year. The jump is the largest year-over-year rise in projected MBA hiring since 2011.

MBA hiring will ramp up the most in the U.S., where 90 percent of employers said they would be filling desks with new B-school grads, up from 82 percent last year. Meanwhile, in recession-emergent Europe, companies’ intention to hire edged upward but stayed lower than other regions. Just 56 percent of employers in Europe said they wanted to hire MBAs, vs. 75 percent in Asia and Latin America.

The demand for MBAs was highest in the energy and utilities sector, where 96 percent of companies said that they wanted to hire recent grads and that most of the new hires would work in jobs related to finance or general management. Technology was the second-neediest industry: 93 percent of tech companies plan to make room for B-school alums, mostly to work in marketing.

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Activism

Oakland’s Black Chamber of Commerce Awards 63 Businesses $1,000 Micro Grants

“Our members are essential to Oakland’s economic and cultural fabric,” said Cathy Adams, president of the OAACC. “These grants are a testament to our dedication to fostering business growth and sustainability within our community.” The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.

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Cathy Adams, president of the OAACC. Photo courtesy of the OAACC.
Cathy Adams, president of the OAACC. Photo courtesy of the OAACC.

By Oakland Post Staff

Last week, the Oakland African American Chamber of Commerce (OAACC) announced the distribution of $63,000 in microgrants to 63 member businesses. These $1,000 grants, generously sponsored by Supervisor Nate Miley, Amazon, and the Tides Foundation, reflect the organization’s goals and unwavering commitment to empowering Black-owned businesses in Oakland.

“Our members are essential to Oakland’s economic and cultural fabric,” said Cathy Adams, president of the OAACC. “These grants are a testament to our dedication to fostering business growth and sustainability within our community.”

The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.

As part of this initiative, OAACC leaders are encouraging all grant recipients to inspire their communities to support Oakland-based businesses by shopping locally, sharing referrals, and following their social media pages.

For more information about the OAACC and the organization’s initiatives, please visit www.oaacc.org.

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Activism

Port of Oakland to Host January Meeting for Interfaith Council of Alameda County

State, county, and city officials have been invited to join ICAC board members and the community to explore effective strategies for addressing these interconnected challenges across Alameda County, including ICAC’s Safe Car Park program expansion and efforts to convert trailers into shelter for the unhoused.

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The Port of Oakland. Courtesy photo.
The Port of Oakland. Courtesy photo.

Special to The Post

The Interfaith Council of Alameda County (ICAC) will hold its first meeting of 2025 on Thursday, Jan. 9, at the Port of Oakland, located at 530 Water St. Hosted by the president of the Port of Oakland, the meeting will run from 1-2:30 p.m. and will focus on pressing community issues including environmental justice, housing solutions, and crime and safety.

State, county, and city officials have been invited to join ICAC board members and the community to explore effective strategies for addressing these interconnected challenges across Alameda County, including ICAC’s Safe Car Park program expansion and efforts to convert trailers into shelter for the unhoused.

All are welcome and encouraged to attend and contribute to this important discussion. For more information, visit interfaithAC.org.

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Arts and Culture

Book Review: Building the Worlds That Kill Us: Disease, Death, and Inequality in American History

Nearly five years ago, while interviewing residents along the Mississippi River in Louisiana for a book they were writing, authors Rosner and Markowitz learned that they’d caused a little brouhaha. Large corporations in the area, ones that the residents of “a small, largely African American community” had battled over air and soil contamination and illness, didn’t want any more “’agitators’” poking around. They’d asked a state trooper to see if the authors were going to cause trouble.

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Courtesy of Columbia University Press
Courtesy of Columbia University Press.

By Terri Schlichenmeyer

 Author: David Rosner and Gerald Markowitz, c.2024, Columbia University Press, $28.00

Get lots of rest.

That’s always good advice when you’re ailing. Don’t overdo. Don’t try to be Superman or Supermom, just rest and follow your doctor’s orders.

And if, as in the new book, “Building the Worlds That Kill Us” by David Rosner and Gerald Markowitz, the color of your skin and your social strata are a certain way, you’ll feel better soon.

Nearly five years ago, while interviewing residents along the Mississippi River in Louisiana for a book they were writing, authors Rosner and Markowitz learned that they’d caused a little brouhaha. Large corporations in the area, ones that the residents of “a small, largely African American community” had battled over air and soil contamination and illness, didn’t want any more “’agitators’” poking around. They’d asked a state trooper to see if the authors were going to cause trouble.

For Rosner and Markowitz, this underscored “what every thoughtful person at least suspects”: that age, geography, immigrant status, “income, wealth, race, gender, sexuality, and social position” largely impacts the quality and availability of medical care.

It’s been this way since Europeans first arrived on North American shores.

Native Americans “had their share of illness and disease” even before the Europeans arrived and brought diseases that decimated established populations. There was little-to-no medicine offered to slaves on the Middle Passage because a ship owner’s “financial calculus… included the price of disease and death.”  According to the authors, many enslavers weren’t even “convinced” that the cost of feeding their slaves was worth the work received.

Factory workers in the late 1800s and early 1900s worked long weeks and long days under sometimes dangerous conditions, and health care was meager; Depression-era workers didn’t fare much better. Black Americans were used for medical experimentation. And just three years ago, the American Lung Association reported that “’people of color’ disproportionately” lived in areas where the air quality was particularly dangerous.

So, what does all this mean? Authors David Rosner and Gerald Markowitz don’t seem to be too optimistic, for one thing, but in “Building the Worlds That Kill Us,” they do leave readers with a thought-provoker: “we as a nation … created this dark moment and we have the ability to change it.” Finding the “how” in this book, however, will take serious between-the-lines reading.

If that sounds ominous, it is. Most of this book is, in fact, quite dismaying, despite that there are glimpses of pushback here and there, in the form of protests and strikes throughout many decades. You may notice, if this is a subject you’re passionate about, that the histories may be familiar but deeper than you might’ve learned in high school. You’ll also notice the relevance to today’s healthcare issues and questions, and that’s likewise disturbing.

This is by no means a happy-happy vacation book, but it is essential reading if you care about national health issues, worker safety, public attitudes, and government involvement in medical care inequality. You may know some of what’s inside “Building the Worlds That Kill Us,” but now you can learn the rest.

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