Good news and bad news for first-time job hunters

POSTED: 05:00 PM PDT May 01, 2013    UPDATED: 05:42 PM PDT May 01, 2013 

A National Association of Colleges & Employers survey shows the average starting salary for graduates with a bachelor's degree is up 5.3 percent from last year. Some grads can expect even more. Business majors can expect salaries seven percent higher.