Market Research Predicts more than 10% Growth in Graduate Jobs

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5th February 2014 16:01 - Education

A survey of employers, published this week, from the Association of Graduate Recruiters (AGR) predicts that the number of graduate vacancies they offer in this recruitment round will increase by a tenth (10.3%) compared to last year –sectors including IT and telecoms, energy and banking and financial services are expected to see double digit growth.

The findings are included in the winter edition of the AGR’s biannual survey of its members, which also reveals that the graduate vacancies on offer increased by 4.3% overall in 2013. The AGR’s membership includes many big blue-chip companies that typically recruit large numbers of graduates.

The top five predicted changes in graduate hiring for 2013/14 are as follows:

1.       IT/telecommunications: 40.3% increase

2.       Public sector: 20.1% increase

3.       Energy, water or utility 17.5% increase

4.       Banking or financial services 15.7% increase

5.       Accounting or professional services 12.2% increase

Stephen Isherwood, chief executive of the AGR, said,

“Given the upturn in the economy, and the slight increase in graduate vacancies recorded last year, we’d expect employer predictions to be fairly buoyant for the year ahead; so an expected rise of over 10% is welcome news.”

“What this doesn’t mean, however, is that graduates should be any less focused on their career search. We know that, even through the darkest days of the recession, our members reported unfilled vacancies because they couldn’t find graduates with the right mix of skills and attributes. Graduates need to think carefully about their applications and ensure they understand what a potential employer is looking for.”

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