Graduates have had a tough time in recent years, with the prospect of securing a job after graduation proving difficult. Tom Storer reports on how the situation has changed for the better, and what grads can be doing to stand out from the crowd.
The availability of graduate posts has increased in the UK but employers are failing to fill the vacancies, according to the BBC.
A recent poll found that:
- There will be 17% more graduate posts this year than in 2013
- 1/4 of the 189 top employers surveyed reported that they failed to fill their posts last year
- It estimates that there will be 22,076 vacancies by September
Good news for Graduates!
The median salary of graduates will rise by £500 to £27,000, which suggests that firms are more willing to invest in emerging talent.
A spokesman for the Department for Business, Innovation and Skills told the BBC, “There is an increasing number of students entering higher education, and evidence across the sector suggests that employers recruiting from university and higher education have found the large majority of graduates to be well or very well prepared for work.”
These encouraging figures are further supported by the BDO Employment Index, a registry by the fifth largest business advisory firm worldwide, which rose from 108.8 in June to 109.6 in July, suggesting that job creation will continue to improve this year.
Preparation is Paramount
With employers eager to sign up graduates, but struggling to find suitable young recruits, the importance of a comprehensive CV and thorough preparation for interviews cannot be underestimated.
If you have recently left higher education and are looking for work get in touch with the team directly.
Alternatively, Li Yen Tan has written an informative piece on gap year opportunities that is well worth a read for anyone contemplating a year off.
– Tom Storer