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Fresh hopes for 2013’s Graduates

Posted in Candidates, Employers on May 20, 2013 by Richard Hayden

graduation

Great news for students today that job opportunities for graduates are set to  rise, according to research from Income Data Services (IDS)

The research has forecasted an 8% rise in job opportunities advertised for graduates this year, compared to a dismal 0.1% rise from last year. The majority of the opportunities are expected within the retail sector, offering the average graduate starting salary at £25,500.

Despite the overall predicted growth in graduate job opportunities, the traditionally high paying areas such as finance and the legal professions are expected a fall of 12% and 5% respectively. The legal sector remains the highest paid industry, with an average graduate starting salary at £36,500, followed by an average starting salary of £29,250 in financial jobs.

Nasreen Rahman, assistant editor at IDS, said: "Key graduate recruiters, like the legal and finance industries, are cautious about hiring large numbers of graduates, but are still offering competitive salaries to lure the cream of the crop."

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