How is the job market for recent college grads in Boston?

Question

I recently finished university degrees in business and finance and am thinking about moving to Boston.

Is Boston's economy strong right now? Is it relatively easy to land a decent job or is there extreme competition for every available position? Do the available jobs tend to be good enough to make up for the high cost of living there?

I've been in places where jobs were plentiful (e.g. Raleigh) and places where they were scarce (e.g. Portland, OR), but I have no idea what Boston is like right now.

Thanks!

Answer 1

The thing about New England is that the distances are very short. You could easily live in New Hampshire or Rhode Island and commute to a job inside of I495.

The cost of living is goes down dramatically if you live outside of I495. I live in NH, on the seacoast and drive to a job in the Boston area. My home cost under $300K and I live a mile from the beach. I drive a hybrid, so my weekly gas bill is less than $30, yet I drive in excess of 400 miles a week. Granted I spend 10+hours a day away from home, and my cars are throw aways.

All things bio-technology are hot in Boston right now. Look at a trade rag online called Mass High Tech. www.masshightech.com. This will give you insight to whats happening in the business world around the area.

Answer 2

My honest suggestion, it's a great city, but not for new grads. Chances are you aren't going to start off with a high paying job and Boston is a very expensive city to live in, Massachusetts in general is very expensive and is not well-suited for a new grad. student. My advice, work a couple of years, get some experience and get a higher paying job.

Answer 3

The job market in Boston is great, however, it is also a very expensive city to live in. You'd have to know exactly what you are up against before you put yourself in financial stress. It can be difficult with a starting pay to make ends meet.