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

Featured Jobs

Assistant Recruitment - Human Resources Office

University Of Nottingham Ningbo China

Outreach Officer

Gsm London

Professorship in Geomatics

Norwegian University Of Science & Technology -ntnu

Professor of European History

Newcastle University

Head of Department

University Of Chichester
See all jobs

Most Commented

men in office with feet on desk. Vintage

Three-quarters of respondents are dissatisfied with the people running their institutions

students use laptops

Researchers say students who use computers score half a grade lower than those who write notes

Canal houses, Amsterdam, Netherlands

All three of England’s for-profit universities owned in Netherlands

sitting by statue

Institutions told they have a ‘culture of excluding postgraduates’ in wake of damning study

A face made of numbers looks over a university campus

From personalising tuition to performance management, the use of data is increasingly driving how institutions operate