The Graduate Market in 2015
further substantial increase of 8.1% expected this year means that there will be 4.9% more graduate vacancies available in 2015 compared with 2007, the pre-recession peak in graduate recruitment, and 36.2% more opportunities than in 2009, the low-point in the graduate job market during the economic crisis. Comparing this year’s graduate recruitment targets in individual industries and business sectors with the volume of new recruits hired in 2005 shows that in nine key employment areas, graduate vacancies are now higher than they were ten years ago (see Chart 2.11 ). The number of entry-level positions available for graduates in IT & telecommunications and in the public sector has more than doubled over the last ten years and training places at accountancy & professional services firms have increased by two-thirds. There are more graduate jobs too at the leading retailers, consumer goods companies, consulting firms, media companies, engineering & industrial companies and in banking & finance. However, graduate recruitment at the largest oil & energy groups, the top law firms, City investment banks and the Armed Forces remains lower than it was in 2005.
Chart 2.11 How Graduate Vacancies Changed 2005 to 2015, by Sector or Industry
Up 160%
IT & telecommunications
Up 130%
Public sector
Up 68%
Accounting & professional services
Up 41%
Retail
Up 37%
Consumer goods
Up 31%
Consulting
Up 26%
Media
Up 21%
Engineering & industrial
Up 10%
Banking & finance
Down 13%
Oil & energy
Down 16%
Law
Down 21%
Investment banking
Down 27%
Armed Forces
0
50
75
100
125
25
150
175
-50
-25
-100
-75
Percentage change in graduate vacancies between 2005 and 2015
Source - The Graduate Market in 2015
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