The job market for new college graduates is red hot, according to the most recent report from Michigan State University’s Collegiate Employment Research Institute (CERI).

The survey, the nation’s largest with over 5,000 companies responding, indicates that employers are hiring college graduates at levels not seen since the dot-com boom in 1999-2000. The 16% increase in recruiting comes after several years of single-digit growth, igniting competition for qualified candidates.

The employers surveyed are expected to hire 120,000 new graduates this year, 78% of whom will have just earned bachelor’s degrees.

To dig further into how this all shakes out, we turned to the experts at PayScale to help us parse the positive prospects for grads. Industries with double-digit growth were pulled out and further analyzed by job titles that are expected to have high growth through 2022, according to the Bureau of Labor Statistics.

PayScale’s analysis drilled down further to identify the highest salaries, as well as the most job satisfaction and meaning. Measuring the latter two criteria was done on a five-point scale that rated how satisfying and meaningful respondents found their work.

The highest entry-level pay doesn’t automatically translate to high job satisfaction or the feeling the employee is doing meaningful work.

It’s interesting to note that the highest entry-level pay doesn’t automatically translate to high job satisfaction or the feeling the employee is doing meaningful work. In fact, the only job that tops the charts in all four categories is biomedical engineer.

Here is a breakdown of the top jobs for college graduates according to those factors.