The class of 2012 is facing better hiring prospects than the class of 2011 did. It appears that hiring will increase by 9.5% for those in the class of 2012 over the levels the class of 2011 saw according to employers. Current projections also predict that pay increases will amount to around 6% from an average of around $48,000 to an average of around $51,000. The highest paid major is looking at an average salary of $82,740 and that major is petroleum engineering. Some worry that this increase in hiring is largely made up of “replacement hires,” though, and therefore its impact on the unemployment rate and overall jobs picture is still uncertain.

Source: Yahoo!