Prospects brighten for graduates seeking work

Graduate unemployment has fallen for the first time since the start of the recession, according to a report published today.

November 7, 2011

The annual What Graduates Do? study, by the Higher Education Careers Services Unit (Hecsu), is based on the survey responses of 233,864 graduates from the class of 2010.

It says that six months after finishing their courses, 69.7 per cent were in employment – a 7.9 per cent increase on last year. The report also says that 63.4 per cent of respondents had graduate-level jobs, an improvement of almost 10 per cent on the previous year.

But it warns that while unemployment has fallen (from 8.9 per cent to 8.5 per cent year on year), “it remains high in comparison to levels reported at the beginning of the recession and graduates still face stiff competition - not just from their peers but also from more recent graduates”.

Charlie Ball, deputy research director at Hecsu, said: “Slow but sustained economic recovery should be mirrored in the graduate labour market but developments over the next few months will need to be closely monitored.

“Many parts of the graduate employment market remain fragile, and recovery has not spread to all sectors or regions of the country.

“The jobs market for graduates is still vulnerable to bad economic weather and a continued recovery cannot be guaranteed in the current climate.”

The report notes that government spending cuts have affected the number of graduates entering local government, public administration and defence sector jobs.

It adds that the marketing and advertising and architecture sectors saw the most substantial improvement in graduate recruitment, up with 31 per cent and 73.2 per cent respectively on last year.

john.elmes@tsleducation.com

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments

Most Commented

Felipe Fernández-Armesto takes issue with a claim that the EU has been playing the sovereignty card in Brexit negotiations

Female professor

New data show proportion of professors who are women has declined at some institutions

John McEnroe arguing with umpire. Tennis

Robert MacIntosh and Kevin O’Gorman explain how to negotiate your annual performance and development review

Man throwing axes

UCU attacks plans to cut 171 posts, but university denies Brexit 'the reason'

opinion illustration

Eliminating cheating services, even if it were possible, would do nothing to address students’ and universities’ lack of interest in learning, says Stuart Macdonald