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Graduate opportunities may rise as engineering workload increases
Wednesday, 28 November 2007
Science, IT and Engineering
The engineering and consultancy sector is enjoying increasing workloads, which could be good news for students looking for graduate engineering jobs, according to a report.
The State of Business Report, carried out by the Association for Consultancy and Engineering (ACE), shows that 74 per cent of firms in the industry reported a growth in workloads in 2007.
Francesca Raleigh, of stockbrokers Numis Securities, said: "The last 12 months has been another period of share price out-performance for the quoted engineering consultants. We believe that the sector will continue to be attractive in 2008."
According to the report, 82 per cent of firms expect their workloads to grow again this year, compared to just 63 per cent last year.
Consultancy and engineering firms said that a skills shortage in the sector was their main concern, for the second year running.
ACE represents over 800 firms in the engineering and consultancy industry and its State of Business Report was developed from data provided by 121 firms.