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Graduates boosted by news of unemployment fall
Wednesday, 20 January 2010
All Graduate job news
Graduates were given a boost by the government's announcement today (January 20th) that joblessness and youth unemployment had both fallen in December.
Those who have left university with a degree will be pleased to note that the number of 18 to 24 year olds who were ILO unemployed in the September to November quarter was 12,000 less than in the June to August period.
Additionally, the number of job vacancies has increased by 16,000 to shoot up to 448,000, suggesting there are plenty of opportunities for graduate recruitment.
Yvette Cooper, secretary of state for work and pensions, said: "The jobs market is still tough for a lot of people, but the drop in unemployment and youth unemployment is very welcome."
"It means 450,000 fewer people are out of work than everyone expected last spring. The extra investment in jobs, education and training is making a real difference, helping people through the recession and preventing the kind of unemployment we saw in the eighties and nineties."
The High Fliers Research report looking into the graduate recruitment prospects of Britain's leading 100 employers noted that 11.8 per cent more university leavers are to be hired this year compared to 2009.