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UK: 7% drop in graduate vacancies makes employers more demanding
According to a survey from the Association of Graduate Recruiters, more than three quarters of employers require a 2:1 degree grade or higher, thus ruling out one third of graduates. The next most widely demanded recruitment criteria are specific competencies (62%) and relevant work experience (34%) or degree subject (32%).
These increasingly stringent requirements are due to a reduction in the number of graduate vacancies for the second year in a row after a 9% drop in 2009, with there now being 69 applicants per job opening, against 49 last year. The National Union of Students has urged the government to invest in more jobs, arguing that graduates are important for the UK’s economic recovery.
Source: bbc.co.uk/05.07.2010 & Reuters/06.07.2010