It’s that time of year again when people are graduating from university all over the country. Three (or more) years of study, exams, essays, professional research paper and stress leading up to this point and many are now stepping out into the world looking for a job in their chosen career. For many, this is tense time deciding what to do next with their life and embarking on finding a job in the industry of their choice.
So it might please you to hear that there has been a huge increase in graduate vacancies this year. According to High Flyers Research, there will be more job opportunities for graduates this year compared to any period in the last ten years. In The Times Top 100 Graduate Employers, the number of graduates featured rose by 7.9% last year compared to the previous year, the largest rise in graduate recruitment for four years.
The current job market for graduates
During High Flyers’ research they found that there are 8.1% more entry level vacancies than last year, this has increased for the third consecutive year. It might interest you to note that 31% of recruiters expect their entry-level positions this year to be filled by university graduates who have previously worked for their organisation either through work experience or internships.
High Flyer predicts that the largest growth in vacancies will be in the public sector, accountancy, banking, retailers and the Armed Forces. Together they intend to recruit over 1,200 extra graduates this year. Over the last year, employers have been advertising their graduate vacancies by attending careers fairs, hosting training events, using the university careers services, online advertising and even social media. This is in a bid to fill all of their graduate positions, something that hasn’t been done for the last few years.
Last year, more than 700 graduate positions were left unfilled, this was due to last minute increases in recruitment targets and graduates turning down jobs. Industries that are not always seen as the most glamourous struggle the most with filling graduate vacancies, whereas financial services and investment banking are in shorter supply, with a higher rate of applicants than available jobs.
The future of graduate recruitment
This year, over 80% of the UK’s leading graduate employers are offering work experience for students and recent graduates and this is expected to rise again next year with more small and medium companies doing the same.
Companies, such as PwC, are changing the qualification requirements for their graduate schemes in a bid not to miss out on talent from disadvantaged backgrounds. Less emphasis on UCAS scores and more focus on performance at university, hopes to attract those who may not have performed so well in school but who have gone on to work hard.
Related back to marketing jobs
As a graduate going into any industry, you have to be prepared to consider roles that aren’t what you expected, to “get your foot in the door” and this is no exception for the marketing industry. You might be one of the lucky ones who gets their dream job straight after graduating from university and there’s no reason why you shouldn’t apply for these jobs. However, related roles such as telemarketing, market research and sales can be a great way to start a career in marketing and give you the opportunity to work your way up to the role you would like.
If you are a graduate looking for a role in marketing, we can help you. Feel free to give us a call on 01489 980 276 or email firstname.lastname@example.org.