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Graduate Jobseekers Increasingly Accepting Multiple Offers And Making Their Choice Only Before Joining Date
08/02/2010
By Lea Pachta
New research reveals graduates are adapting their approach to job hunting as competition for places gets tougher than ever.
Research released today by Alexander Mann Solutions (AMS), the provider of world-class talent and resourcing functions and global leader in RPO, reveals that competition for graduate roles is set to be tougher than ever in 2010 as more than half of graduates from 2009 join the hunt for jobs alongside the class of 2010. This increased competition seems to have hit 2009 and 2010 graduates' confidence, leading to less targeted applications and a willingness to apply for positions outside of their preferred field.
The study, entitled The Emerging Talent Index, found that of the students that graduated from university in 2009, just 24 percent have been working in a role that requires a degree since leaving university. More than half (53 percent) of the 2009 graduates surveyed are planning on applying for graduate positions this year. 63 percent of those set to graduate in 2010 are also applying for graduate roles (compared to 50% of recent graduates in 2009), leading to far greater competition for positions than in previous years.
This increase in applicants seems to have dented graduate job hunters' confidence with only 26% of those surveyed confident of finding a graduate position this year. Perhaps because of their experiences last year, 2009's graduates are the least confident; just 22% are confident of finding a position this year. These low confidence levels appear to be reflected in graduates' approach to job hunting with one in five (18 percent) of 2009 graduates applying 'for any job'. In fact, the majority of graduates were found to be broadening their approach: 59 percent of 2009 graduates are applying for roles across a number of sectors and just 37 percent of... continued on page two >
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