Graduate opportunities slump, says report

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."

By Paul Nelson

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