Based on Shandong Province graduates survey data in 2007,this paper using Multilevel Crossed Random Effects Logit Model empirically examined the efects of individual,major and college's factors on graduate initial employment.Evidence indicates that major and college have significant random efect on graduate employment,and college appear to have a great effect than major,although combination of college and major have no significant efect on employment.On the individual factors,employability and professional (related with major)intemship experience can promote graduate employment,while non-professional has no role on employment. Therefore,the graduate employment policy should be focused on raising the quality of higher education and outstanding major features,enhancing employability and improving the overall guidance and services of employment-oriented internship.