Mon 15th Mar 2010, 09:40AM about second-jobber.com news.
The financial sector will start to recruit more graduates this year after a prolonged period of job cuts, researchers have said.
Finance companies will increase recruitment by 15%, a greater rate of vacancies than in any other sector, according to salary analysts Incomes Data Services.
But the number of graduates in finance will still be down on 2008 - 38% of jobs were cut during 2009 - and average salaries will stay the same in 2010. The survey showed that graduate recruits got a pay rise of just 1.8% last year.
Public sector graduate workers are under the greatest threat this year as the Treasury prepares swingeing cuts to services to pay for the multibillion-pound bailout of the banks.
The survey said "graduates were right to fear the worst about job prospects in 2009" because the number of vacancies fell by 11%, the greatest fall in Incomes Data Services' yearly poll since 1991.
The number of vacancies arising this year is forecast to increase by 4%.
| Graduate news | Date |
|---|---|
| Property management scheme revealed… | 7 February 2012 |
| BAE Systems to hire 265 apprentices… | 7 February 2012 |
| Apprenticeship boost for graduates… | 6 February 2012 |
| City: The place to be for graduates… | 6 February 2012 |
| CII: Get graduates into finance… | 3 February 2012 |
| Most ITMB graduates 'soon in work'… | 3 February 2012 |
| BP increases graduate programme… | 3 February 2012 |
| Samsung confirms green energy move… | 2 February 2012 |
| Sky reveals Dublin job boost plans… | 1 February 2012 |
| Graduates urged on languages skills… | 1 February 2012 |