At last, we have good news for graduates in the UK. The Association of Graduate Recruiters (AGR) have just released figures indicating that the number of graduate vacancies is actually on the increase for the first time since the recession started.
According to them, the number of graduate vacancies have grown by 8.9% in 2009/10 - a further increase of 3.8% is predicted for 2010/11. This is welcome news at a time when students are worried about the recent rise in tuition fees and wondering whether or not going to university is worth it.
The report also points out that the average salary for graduate is expected to remain at an average of £25,000/year. Having spoken to hundreds of students and graduates in the past 12 months, I can say that most of them would be pretty pleased to get this as a starting salary. And for what it's worth, I was paid a great deal less in my first graduate job - even accounting for the natural increase of salaries over time, £25,000 is a lot more than what I was paid in my first job.
I would love to know what you all think about this starting salary. Do you think it is just right, or just too less?
You can read the full article on this report here.