The
UK’s largest IT graduate employer, FDM Group, has welcomed the
revelation that graduate job prospects appear to be
improving
Research conducted by the Higher Education
Careers Service (HECSU) has revealed that graduate unemployment has
dropped for the first time since the recession.
The HECSU’s annual What Do Graduates Do? survey of
graduates who had left university six months previously showed that
unemployment within this group had dropped from 8.9 per cent in
2009 to 8.5 per cent in 2010.
FDM Group, which is recruiting 1,000 graduates this year alone, is
a keen advocate of supporting graduates in their quest to
kick-start their careers and is thrilled with these latest
findings.
Pareto Law the UK’s largest graduate
recruitment organisation feels that businesses need to be given
incentives to hire graduates in a bid to get the rate of graduate
unemployment down. The government needs to show that it is
supporting this ‘lost generation’ of graduates and provide the jobs
that have been promised. There is a pool of talent available to
businesses that is currently not been utilised, which could cause
many young graduates to enter jobs that don’t develop the relevant
skills to succeed later on in life.
FDM Recruitment Manager, Madeleine Field, said, “Although graduate
unemployment remains at a far higher level than it was before the
recession, we need to take these figures as a positive sign and
improve them even further. Businesses should recognise the need to
provide graduate opportunities in an effort to support
the professionals of the future and ultimately the economy as a
whole.”
Deputy Researcher at the HECSU, Charlie Ball, echoed this belief by
stating, “Slow but sustained economic recovery should be mirrored
in the graduate labour market.”
Importantly, the HECSU report also found that the percentage of
graduates employed within the business and financial sectors
returned to 2008 levels.
FDM Group, which has a client base of over 200 blue-chip clients
including HSBC, Credit Suisse and RBS, offers graduates employment
within the financial sector, which remains its largest service
area.
Madeleine Field said, “Despite the cuts within the financial
sector, we have consistently provided graduates with outstanding
opportunities within this industry and will continue to do so on a
global scale. We would encourage graduates seeking to launch their
IT careers within this field, as well as many others, to consider
our graduate programme.”
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