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Annual review of graduate vacancies & starting salaries at Britain’s leading employers - page 9 / 38

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The Graduate Market in 2011

Chapter 2

Graduate Vacancies

J o b V a c a n c i e s f o r G r a d u a t e s T h e f i r s t p a r t o f t h e r e s e a r c h e x a m i n e s t h e n u m b e r o f g r a d u a t e v a c a n c i e s a v a i l a b l e a t t h e U K s l e a d i n g e m p l o y e r s i n 2 0 1 1 , c o m p a r e d w i t h r e c r u i t m e n t l e v e l s i n 2 0 1 0 . G r a d u a t e v a c a n c i e s f o r 2 0 1 1 a r e t y p i c a l l y p o s i t i o n s w i t h a n a u t u m n 2 0 1 1 s t a r t d a t e , p r o m o t e d d u r i n g t h e c u r r e n t 2 0 1 0 - 2 0 1 1 r e c r u i t m e n t s e a s o n .

T w e l v e m o n t h s a g o , T h e G r a d u a t e M a r k e t i n 2 0 1 0 r e v e a l e d t h a t a f t e r t w o y e a r s o f s w i n g e i n g c u t s t o g r a d u a t e v a c a n c i e s i n 2 0 0 8 a n d 2 0 0 9 , m a n y t o p e m p l o y e r s w e r e p l a n n i n g t o i n c r e a s e t h e i r e n t r y - l e v e l p o s i t i o n s f o r t h e f i r s t t i m e i n t h r e e r e c r u i t m e n t s e a s o n s . T h i s n e w - f o u n d c o n f i d e n c e g a t h e r e d p a c e t h r o u g h t h e r e c r u i t m e n t s e a s o n a n d i n t h e a u t u m n o f 2 0 1 0 , a n a d d i t i o n a l 1 , 7 0 0 g r a d u a t e s s t a r t e d w o r k w i t h e m p l o y e r s a c r o s s t h e U K . T h e o u t l o o k f o r 2 0 1 1 i s s i m i l a r l y u p b e a t , w i t h g r a d u a t e e m p l o y e r s e x p e c t i n g t o h i r e 9 . 4 % m o r e g r a d u a t e s t h a n i n 2 0 1 0 . W h i l s t t h i s i s v e r y w e l c o m e n e w s f o r u n i v e r s i t y - l e a v e r s , i t s t i l l d o e s n o t r e s t o r e g r a d u a t e r e c r u i t m e n t t o t h e l e v e l s r e c o r d e d i n 2 0 0 7 , t h e y e a r b e f o r e t h e r e c e s s i o n s t a r t e d .

Chart 2.1 How Job Vacancies for Graduates have Changed between 2003 and 2011

  • -

    20

Down 17.8%

  • -

    15

  • -

    10

2007

Up 10.1%

2006

Up 10.8%

2005

Up 10.9%

20

2011

2010

Up 9.4%

Up 12.6%

Down 6.7%

2009

2008

15

Up 0.5%

2003

  • -

    5 0 5

Percentage change in graduate vacancies on the previous year

10

Down 8.3%

2004

Source - The Graduate Market in 2011

9

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