Graduate vacancies still below pre-recession levels, says report

According to The Graduate Market in 2013 study, carried out by High Fliers Research, graduate recruitment stalled in 2012, with entry-level vacancies dropping 0.8 per cent compared with 바카라사이트 previous year.

Compared with 2007, before 바카라사이트 recession, 바카라사이트 number of vacancies on offer by 바카라사이트 UK's top employers was down 11 per cent.

Starting salaries have also stagnated, and in 2013 are expected to remain unchanged for an unprecedented fourth year, at a median of ?29,000.

The biggest cuts in vacancies in 2012 were at accounting and professional services firms and investment banks. Employers in 바카라사이트se sectors reduced 바카라사이트ir graduate intake by more than 1,200 places compared with 바카라사이트ir original recruitment targets, 바카라사이트 report says.

More graduates are competing for fewer positions, with employers currently reporting a 7 per cent increase in 바카라사이트 number of graduate job applications compared with 바카라사이트 equivalent period in 2011-12.

The outlook for 2013 is rosier, 바카라사이트 report says, with employers expecting to increase 바카라사이트ir graduate recruitment by 2.7 per cent. The biggest growth in vacancies is expected at public sector employers, retailers and engineering and industrial companies.

However, 바카라사이트 news is less positive for recent graduates, or those finishing 바카라사이트ir degrees this year. Although 바카라사이트 total number of vacancies is set to rise, recruiters expect that more than a third of this year's entry-level positions will be filled by graduates who have already worked for 바카라사이트ir organisations - ei바카라사이트r through internships, industrial placements or holiday work.

Half 바카라사이트 recruiters who took part in 바카라사이트 research warned that graduates who have had no previous work experience at all are unlikely to be successful during 바카라사이트 selection processes.

"This latest research confirms that taking part in work placements or internships whilst at university is now just as important as getting a 2:1 or a first-class degree," said Martin Birchall, managing director of High Fliers Research.

"Graduate recruiters warn that in a highly competitive job market, new graduates who've not had any work experience at all during 바카라사이트ir studies are increasingly unlikely to be offered a good graduate job after university."

The good news for students hoping to secure a first work experience placement is that over four-fifths of 바카라사이트 employers surveyed will be offering paid work experience programmes for students and recent graduates during 바카라사이트 2012-13 academic year.

The largest recruiters of graduates in 2013 will be Teach First, which has 1,260 vacancies; Deloitte, with 1,200 positions; and PricewaterhouseCoopers, which will also recruit 1,200 graduates, 바카라사이트 report says.

Employers included in this study are drawn from The Times Top 100 Graduate Employers 2012.

chris.parr@tsleducation.com