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Graduate vacancies to appear in the 'growing' export market

Published: Tuesday, 29 March 2011   Category: All Graduate job news

University-leavers looking for graduate vacancies may wish to search in areas with links to the United Kingdom's export industry, which is growing, according to the Chartered Institute of Personnel and Development (CIPD).

The CIPD also warned that stagnant pay awards "will have to start picking up" or else "the whole economy will fall over like a pack of cards".

Charles Cotton, performance and reward adviser at the organisation, said the UK's thriving export market could hold salvation for an employment market that has seen take-home pay fall by five per cent in the last two years.

"The growth in the export industry that we're seeing at the moment - the fact that manufacturing and engineering exports are doing relatively well - will perhaps start to have a trickle effect on other parts of the private sector economy," he explained.

"You just hope that organisations start to benefit from a lower pound. If everybody freezes pay or cuts back pay then we're going to be in a downward spiral."

Recent research by the Centre for Economic and Business Research for BBC's Panorama found that the average worker takes home £1,088 less in real terms than two years ago.

Find graduate vacancies at gradplus.com 

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