Number of graduate vacancies rises by 2.6%

Published: 28/06/2011

Number of graduate vacancies rises by 2.6%

The number of graduate vacancies has risen for the second consecutive six-month period, according to a new survey. 

The bi-annual survey of 200 employers conducted by the Association of Graduate Recruiters (AGR) predicted a 2.6% rise in job numbers. 

Starting salaries had also risen for the first time in three years, the survey said. The average starting salary for a graduate has increased by 2% to £25,500, according to the report. 

The report shows a continuing upward trend in job opportunities for graduates, after a steep decline in the immediate wake of the financial crisis. 

However, growth is slower than the 8.9% increase AGR recorded in its January 2011 survey. 

Carl Gilleard, chief executive of the AGR, said the showed “very encouraging signs” for graduates. 

Mr Gilleard said: “I am cautiously optimistic about today's findings, which provides a welcome indication that the graduate recruitment market is beginning to overcome the impact of the recession.” 

But he added that the overall quality of applications had improved, and advised graduates to stress their transferable skills when applying for jobs. 

Universities Minister David Willetts said despite tough competition for graduate jobs, university remained a worthwhile investment. 

Mr Willetts added: “All the evidence I've seen has been that going to university by and large improves your job prospects. Graduate rates of employment are higher than for non-graduates and of course they're more likely to be in better paid jobs.”

Posted by Nick Tellwright

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