Jobs in Business and Industry 1991-2000

Since 1991, the percentage of employed graduates taking jobs in business and industry has increased by about two-thirds, from 7.5% of jobs in 1991 to an estimated 12.3% in 2000. This percentage reached an historic high of 14.2% in 1998. Translated into job counts, the 4,000 or more jobs taken in business and industry in each of the past five yars is more than double the number in 1991.

It should be noted that some of the increase in job counts may be attributable to increased reporting of graduate employment over the years. Also, because the reporting of jobs as "legal" and "other" within the business realm is not entirely consistent, the absolute numbers should be viewed with caution. Nonetheless, they do provide a basis for comparisons of the orders of magnitude involved. As the chart below shows, heightened interest shown in JD's by accounting firms, insurance companies, and financial institutions has translated into substantial increases in the number of these jobs taken by new graduates compared with ten years ago. This is true despite a decline in recent years in the number of accounting and financial jobs taken.

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000*
Total 1926 2263 2689 3241 3760 4149 4413 4388 4247 3952
Accounting-legal 133 153 150 153 194 213 243 243 281 189
Accounting-other 87 98 120 125 197 202 264 328 267 229
Banking-legal 71 96 120 121 141 179 175 178 144 132
Banking-other 84 119 181 194 230 265 301 300 302 246
Insurance-legal 109 139 149 149 154 165 166 169 131 241
Insurance-other 71 97 103 130 158 183 171 146 147 225
Fortune 500-legal 176 206 195 232 270 254 265 259 209 102
Fortune 500-other 115 111 119 139 211 259 263 260 214 120

Note: Figures for specific categories include both full and part-time jobs, but exclude a few jobs for which the type, e.g. legal or other, was not reported.
*2000 figures are provisional and will change by a small amount.

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