Graduate job hunters may be interested to hear that graduate recruitment in the financial sector is expected to bounce back strongly this year as recruiters in the private sector revert back to normality after the economic downturn scared HR departments away from hiring. This is according to a report by the Incomes Data Services (IDS) which showed that there were 44.3 applications for each graduate job in 2009 and that this number is set to rise even more. However, it also suggests that there will be a 3.7 per cent increase in the total graduate jobs on offer after a 10.9 per cent reduction the year before. The financial sector will see the strongest graduate job growth with a recovery in the markets expecting to boost a 15 per cent increase in the number of recent university leavers recruited, IDS claims. In a statement the organisation told the Financial Times: "As there are now record numbers leaving university and opportunities are scarce, more applicants will be chasing fewer vacancies this summer."
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