Skip to main content

College seniors lose job offers in poor economy

Naveen Duraisamy’s future seemed enviable: Despite a down economy, the engineering student had a job offer from a Fortune 500 company, where he’d start after graduating from the University of Wisconsin-Madison.

Then, days before his Dec. 21 commencement, the international student got an e-mail from his future employer: Caterpillar Inc. had rescinded the job offer, citing uncertain economic times.

With his student visa about to expire, Duraisamy quickly enrolled in classes so he could stay in the country. He began the job search from scratch.