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Graduate job hunters boosted by UK firms' expansion plans

Published: Monday, 06 December 2010   Category: All Graduate job news

More than one in four UK firms expect to expand their workforce next year, graduate job hunters were informed today (December 6th).

A study by accountancy giant PricewaterhouseCoopers (PwC) suggested that 28 per cent of businesses intend to increase their headcount in 2011, with 15 per cent planning a "significant" rise.

The figure compares favourably to the equivalent survey from 2009, when just 13 per cent of UK-based companies said they were looking to take on more staff.

In addition, the number of firms planning cuts to their workforce was found to be 16 per cent, representing a major improvement from the 2009 total of 43 per cent.

"The expected headcount increases are encouraging news for the job market and suggest the private sector will be able to accommodate those public sector workers who are made redundant," commented Michael Rendell, head of HR services at PwC.

PwC is one of the 'big four' accountancy firms, alongside Deloitte, KPMG and Ernst & Young, and currently employs about 163,000 people across 151 countries.

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