Any graduate will know how difficult it is to get a job at the moment. With the market being flooded with students from good universities with good degrees, many have had to go back to their part time job from university to keep paying the bills. New statistics have shown however that the graduate job market is finally coming back to life and jobs are set to rise by 2.3%, a survey has suggested. Many of the leading employers plan to hire more graduates this year compared to last year when they were more wary the economic downturn. 2.3% will seem small, but that applied to the whole graduate population means thousands more will be getting onto the first step of their career. Many of the big employers will also be expecting to maintain the same number of graduates they took on in 2012.
This is good news that the market is coming to life again, but you can’t relax just yet, competition will still be fierce. Experience is still a highly valued commodity on a graduate’s CV. As more jobs are available it is also likely more paid work experience placements will be available than in previous years, this is a good and bad as more people will apply for the paid work experience, intensifying the competition.
The years of 2009-2013 were when many employers held their breath. Years of a bad economy meant hiring graduates was coming further down the list, this only served to create tense competition for the most basic of entry level jobs. Comparing statistics from the 1980’s there are more graduate jobs available, with 25% of all jobs being graduate based in 2011, to only 10% of jobs being graduate based in the 1980’s. There are however more graduates today ever before and a good degree isn’t enough to stand out. One of the many factors which helps a graduate stand out is experience, whether this is gained on an internship or similar type of work placement. Proof of passion for their industry will also help a graduate stand out amongst the competition.
Whilst the amount of jobs seems to have gone up and down over the last few years, one factor has only risen. The salary for entry level graduates has gone up from £23,000 in 2003 to £29,000 a year in 2012. Getting that graduate job will only be more satisfying when you’ve beaten the odds to get there, and it seems at last the odds are finally in your favour.