The current job market for 1987 Michigan college graduates was estimated by placement directors and career counselors at 50 Michigan two-year and four-year colleges and universities. The staff rated supply and demand based on information from graduate surveys, employers, and job listings. For each major, the actual ratings are provided of opportunities for graduates at the following levels: associate and certificate, bachelor's, master's, doctoral, and professional and advanced specialists. The rating scale consists of five categories: many more jobs than graduates available (excellent), some more jobs than graduates (very good), about as many jobs as graduates (good), a few more graduates than jobs (fair), and many more graduates than jobs (poor). A listing of job fields is arranged by the level of demand for 1987 college graduates. The levels used are: excellent, very good, good, fair, poor. The list is grouped by degree level: associate, bachelors, masters, doctoral. Findings include: health services graduates at the associate and certificate level had the highest demand; at the bachelor's level, the highest demand for graduates was in industrial arts, computer and information sciences, health services, and service technologies; and master degree graduates in agricultural sciences, health services, computer and information services, and law had very good job markets. (SW)