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More graduate job hunters per position in UK
Friday, 08 January 2010
All Graduate job news
Employers in the UK benefit from a greater choice of former students looking for graduate jobs than their counterparts abroad, according to new research.
A report from the Association of Graduate Recruiters (AGR) discovered that each vacancy in the UK on average attracts applications from 49 university leavers.
This is greater than the 43 people applying for each graduate job in Australia, alongside being more than the average in Hong Kong, South Africa, Canada and the US.
Carl Gilleard, chief executive of the AGR, said: "The political, economic and cultural environment in which organisations recruit and develop graduates is becoming increasingly global."
Meanwhile, the study also highlighted that UK employers are paying less to the graduates sealing jobs, with an average of £25,000 per annum, while those in Hong Kong earn nearer to £40,000.
The research takes in market intelligence and surveys from the six countries and covers areas including graduate starter salaries, retention rates and application figures.
A joint study by HSBC and the National Union of Students found last year that the recession caused two-thirds of students to be concerned about their prospects of finding a job.