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85 applicants for each graduate job as number of openings falls

Wed, 10/07/2013 - 09:08 -- nick

The number of graduate job vacancies is falling as this summer's crop qualify and come on to the job market.

That is the warning of the Association of Graduate Recruiters (AGR) who are forecasting a drop of 4% in the number of work opportunities, a slowdown that is seeing 85 apply for each job.

Sectors seeing big drops include financial services as banks deal with the fallout of the world economic downturn, while others, including engineering and telecommunications, are showing strong signs of life with increasing numbers of jobs available.

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