More graduate jobs on the way but unemployment still a problem

Mon, 13/01/2014 - 12:34 -- nick

The UK is set for a rise in graduate employment, according to a new study.

High Fliers Research surveyed 100 of Britain's biggest employers, and found that they planned to take on 9% more graduate staff compared to last year.

This equates to 1,400 more jobs.

Nearly four-in-ten of the posts will be taken by those who have already worked for the companies on placements.

Graduates can look forward to starting salaries of £29,000, nearly £3,000 higher than the UK average for all workers and a big improvement on the 2012 findings by the Association of Graduate Recruiters (AGR).

The AGR also showed the gap between male and female earnings was still an issue, with men averaging £21,000 and women £19,000.

Martin Birchall, managing director of High Fliers Research, said: "This very significant increase in graduate vacancies at Britain's top employers means the job prospects for graduates leaving university this year are the best they've been since the start of the recession seven years ago."

The Higher Education Statistics Agency found that one-in-ten of all 2012's graduates were unemployed six months after leaving university, and a third were working in jobs that did not require a degree.

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