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Recruiters 'cautious but optimistic' about job market
Monday, 10 March 2008
Graduate Job sector Reports
Graduate recruiters have expressed caution about increases in the jobs market that were forecast last year, but are confident there will be no reduction either, according to the Association of Graduate Careers Advisory Services (AGCAS).
According to the Association of Graduate Recruiters Winter Review 2008, vacancies are on the increase for the fifth year running despite fears about the economy, which could be reassuring news for recent graduates.
Commenting on the findings, Elspeth Farrar, communications director of AGCAS, said: "The information I'm getting from companies is that they are not, at the moment, predicting any reductions in recruitment patterns [but] they are beginning to be more cautious about predicted expansions."
The overall sentiment from employers appears to be that the market is "holding steady" and they remain confident it will stay that way in the ensuing months, Ms Farrar said.
However, companies are being slightly more cautious about such predictions than they may have been at the end of October when this data was collected, she concluded.