Property News · July 10, 2010

Graduates look overseas as jobs dry up


With 70 applicants for every UK graduate job, could applying abroad be the answer? From Brussels to Beijing, meet the enterprising university leavers finding work overseasAudio: Where can all the graduates go?For beleaguered graduate job hunters, the news just seems to get worse and worse. Figures released last week by the Higher Education Statistics Agency showed that about 10% of 2009 graduates failed to find work during the past year. As if that weren’t bad enough, the Association of Graduate Recruiters (AGR) this week released the findings of its biannual survey, showing an average of around 70 applications for every graduate job, with employers expecting to see a further 6.9% drop in vacancies this year – a forecast nearly four times worse than the AGR’s own predictions just six months ago.The AGR’s chief executive, Carl Gilleard, points out that the depressing forecast reflects a fragmented graduate jobs market in which sectors such as finance are now showing high levels of growth, while others, including law and engineering, remain in the doldrums. “The important thing for graduates is to keep their ears to the ground,” he says. “A snapshot survey of our members reveals that 30% haven’t yet filled their vacancies.” Continue reading…

Source : theguardian.com
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