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Graduates facing increased competition for jobs

Published: Monday, 26 April 2010   Category: Banking and Finance

Recent university leavers looking for graduate jobs in banking and finance may be interested to hear that there has been a rise in people looking for new roles.

Lisette Howlett, spokesperson for HireScores.com, said that this could be attributed to the recession and the effects it had on employment, such as an increase in the number of career changers.

She added: "In terms of graduate job entry, the very significant decrease in graduate intakes during the peak of the recession means that in sectors which have traditionally recruited a large number of graduates each year, applications this year could include graduates of previous years thus increasing the competition."

Her comments came after totaljobs.com said that competition for jobs is getting tougher and renewed confidence in the employment market has uncovered a 'hidden unemployment'.

Last week the incumbent Labour government was handed a blow on the campaign trail by the release of figures that showed the number of people unemployed in the UK stood at 2.5 million during the three months to February, up by 43,000.

Search for the latest graduate jobs in the Banking and Finance sector.ADNFCR-1068-ID-19742216-ADNFCR

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