The city where new college grads want to work most is also the most expensive in the U.S.
The rise of remote work may have made it easier to work from anywhere in the country, but young people are more determined than ever to make it in one destination: New York City.It's a continued pattern from pre-Covid days, but to an even greater extreme: New York City received the most applications from recent grads prior to the pandemic, and it's only gotten more competitive. NYC saw 6.7x more applications between 2022-2023 compared with the same period in 2018-2019.
But not all college grads are willing to take on the expensive lifestyle: A majority of recent grads say inflation and living costs are making them re-think their post-college plans, with 1 in 3 say they're looking to move to Miami, Atlanta and Philadelphia have become more popular in recent years, while Seattle, San Diego and San Francisco have fallen a few spots.
Overall, recent grads are more willing than ever to make a major move for a new job: A majority, 83%, of applications submitted via Handshake in the last year were to jobs out of state from where the student lived. That's nearly double the share of people willing to move for a job pre-pandemic, when 44% applications were submitted out of state.
And while hybrid work is still popular , they're putting more thought in where they want their office, and their new post-grad life, to be. Some 72% of applications on Handshake in the last year were to roles with a specific job location, rather than a remote or work-from-anywhere listing.on Oct. 17 at 1 p.m. ET to learn how to level up your interview and negotiating skills, build your ideal career, boost your income and grow your wealth.
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