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Graduate jobs prospects could be improving in Scotland

Published: Monday, 15 November 2010   Category: All Graduate job news | Banking and Finance

The latest Bank of Scotland Report on Jobs had good news for graduate training schemes and graduate jobs.

It noted that while conditions remain challenging overall, demand for both permanent and temporary employees increased during October.

Furthermore, job placements rose during the same period, showing that the hike in demand has also materialised into more roles being filled.

However, the number of available candidates has meant that staff remuneration rates remain fairly restricted.

The bank's Labour Market Barometer was up from 46.8 in September to 48.4 in October, signalling a month-on-month improvement that takes the level to its highest since June.
Bank of Scotland chief economist Donald MacRae explained that it is positive news for the employment industry north of the border.

"The gap between Scotland and the UK narrowed but conditions in Scotland's labour market remain challenging," he said.

"This Report on Jobs shows the slowdown in the Scottish economy has been arrested rather than reversed this month."

In other news, the Chartered Institute of Personnel and Development has predicted that there is about to be a jobs surge in the private sector.

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