Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Graduate outlook best since 2008

 

Richard Garner
Monday 01 July 2013 09:14 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

This summer’s graduates will have the best job prospects since the economic crisis began, according to research out today.

A survey of the country’s 100 top graduate recruiters by High Fliers Research shows a 4.6 per increase in jobs available, compared with the 2.7 per cent rise expected earlier in the year. However, competition for individual jobs remains fierce, with an average of 46 applications for each vacancy this year, compared with 35 before the recession.

Despite public spending cuts, the biggest growth area for jobs remains the public sector – which has increased recruitment by 18.6 per cent with 450 extra jobs. Many of these are a result of the Teach First scheme, which recruits top graduates into inner-city schools.

The area showing the biggest drop in vacancies is the media – where vacancies have dropped by more than 50 per cent since 2008 and average salaries have gone down by £2,500 since last year. Over the past four years, starting salaries have been pegged at an average of £29,000 – although in investment banks they have ranged from £37,000 to £49,000.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in