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UK – Graduate vacancies look to rise

12 July 2013

Research carried out by the Association of Graduate Recruiters (AGR), gives a positive outlook for the 2012 – 2013 recruitment season. Employers are predicting an +8.8% rise in the number of graduate positions. In 2012, graduate vacancies fell by -8.2%.

“I think there are some green shoots of recovery. I think we are starting to see a little bit more confidence, certainly in the recruitment market. We are seeing a lot of growth now in mainland Europe operations,” stated one survey respondent.

The AGR survey predicts that graduate opportunities in the construction company or consultancy sector will experience the biggest year-on-year increase, up to +77.8%. Transport and logistics is also expected to perform well with a +41.4% increase. The banking & financial services sector is expected to perform most poorly, with opportunities decreasing by as much as -27.9%.

Following three years of salary stagnation, there was a +4% increase in 2011-2012. The median graduate starting salary increased from £25,000 in 2010-2011 to £26,000 in 2011-2012. AGR predicts an increase for 2012-2013 of +1.9%, taking the median salary to £26,500.

Degree classification continues to be the primary screening tool for 82.1% of employers. An upper-second class degree (2:1) is the minimum requirement for 81.3% of employers. Online promotion continues to be the most popular way of attracting graduate applicants with 96.3% of employers using online advertisement. On-campus activities ranked second with 87.8% of AGR employers targeting universities directly. 

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