Graduate recruitment is weathering the storm of
the credit crunch, according to new statistics.
Despite a gloomy economic outlook, research released by the
Association of Graduate Recruiters (AGR) indicates that graduate
level vacancies have risen by 11.7 per cent, reports Onrec.
However starting salaries have remained relatively stationary, with
the average currently standing at £24,000.
According to the findings, there are now more than 30 applications
for each vacancy made available.
Commenting on the issue, Carl Gilleard, chief executive of the AGR,
said: "The results of the 2008 survey present a mixed picture; they
are surprisingly positive in relation to the number of vacancies
available with a respectable increase across the sectors and good
predicted growth for 2009.
"However, although employers are still hiring, this year's survey
shows the smallest rise in graduate salaries in recent years and in
most cases employers will offer no more than a cost of living rise
The AGR was founded in 1968 and is a not-for-profit organisation
that supports graduate recruitment.
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