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Mixed forecast for graduate recruitment

Published: Monday, 25 February 2008   Category: Graduate Job sector Reports

The predictions for graduate recruitment in the coming year are mixed, according to new research.

A study by Income Data Services (IDS) has revealed that the financial sector is likely to take fewer graduates this year, whereas manufacturing companies will be likely to increase their intake.

Predictions have not been unanimous, however, with one survey predicting that there will be a 16 per cent rise in positions for graduates this year.

Commenting on the findings, Dan Hawes of the Graduate Recruitment Bureau, said: "The signs are strong across the board for this year, although there's usually a lag between what's happening in the economy and what's happening in recruitment."

He added that the positions in the manufacturing industries are likely to be IT, finance and office-based as opposed to actual engineering work.

Additionally, The IDS survey found that the average starting wage for graduates will rise to £23,000.

The IDS is a research organisation that provides employment-related information.

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