2010 Grads: Give Up. (2010 J-School Grads: Throw Yourself Off A Cliff)

The job outlook for 2010 graduates is “not very promising,” CNNMoney dryly reports, while noting that job prospects for B.A. holders will drop 1% next year after plummeting 40% this year.

Overall, job prospects for graduates will drop two percent. MBA holders’ prospects will rise 11 percent and Ph.D’s will see a 20 percent increase in demand.

If you are unlucky enough to find yourself on the market as a grad with little to no experience, consider this: Employers with fewer than 500 people on staff said they expect hiring at their companies to jump by 15 percent; each company surveyed by Michigan State University will hire an average of 11 grads, 8 of which will be B.A.s. A third of employers said they’d consider graduates regardless of their major.

The study didn’t touch specifically on j-school grads’ outlook, but we know that’s basically in the toilet.

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