Note that the availability and desirability of job offers does depend on economic and industry cycles. For example, if there is an economic downturn in spring 2020, then it may be worth waiting until one to three quarters later to graduate in hopes of finding a better job market during the recovery, rather than graduating into unemployment. Entering the labor force during an economic downturn can have long lasting negative effects on career development and financial outcomes, so if there is flexibility in choosing a graduation date to avoid the bottom of the downturn, it may be worth keeping those options open.