Average applications per job have risen to 83 in 2011, from 69 in 2010 and 49 back in 2009. In 2008 there were 31 per graduate job according to the Association of Graduate Recruiters (AGR), which shows that graduate jobs are still hard to come by and the competition for these jobs is incredibly high.
The survey of 200 employers has found that starting salaries have also risen, and graduate job opportunities will rise by 2.6%. The Vice Chancellors body said that the report shows an upward trend in graduate job opportunities after what was a sharp decline.
Graduates are expected to apply to a lot more roles than previously as they realise the amount of competition they face and the best strategy is to fire out a lot of applications. Many employers are still cautious, but the signs are that the graduate recruitment market is improving and many employers are gaining more confidence.
Graduate rates of employment are higher than for non graduates and are more likely to receive offers for higher paid jobs. UK graduates are still highly valued by employer’s world wide, with their high skill levels. However with China predicted to outpace Europe and America in producing graduates by 2020 the UK will have to show that university and graduate job opportunities are worth the cost and time.
Source: Pareto.co.uk, Saturday 9th July 2011
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