Graduate job vacancies have fallen by a quarter over the last year, research reveals.
Graduate Salary Market Trends shows that graduate vacancies in 2001 dropped 25 per cent from the previous year.
Hardest hit regions were:
- East Midlands (31.8 per cent drop)
- South East (31.5 per cent)
- London, (27.5 per cent)
The research by the Career Service Unit reveals that the average starting salary for a graduate has increased 3 per cent and is now £18,021.
HR salaries for graduate starters are the third highest in the country at £18,413, behind management consultants (£20,033) and IT (£19,121).
"Human Resources has emerged as one of the higher paying sectors for graduates with salary averages pushed up by well paid vacancies in recruitment consultancies," said Mike Hill, chief executive of the higher education Careers Services Unit.
"Many of these jobs are offering salaries of £20,000 plus, which is an excellent career start for a graduate."