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Unemployment drop is another boost for graduates
Thursday, 18 March 2010
Recent university leavers looking for graduate jobs in the public sector may be interested to hear that unemployment figures released yesterday (March 17th) showed that joblessness fell by 33,000 from the previous quarter.
According to data from the Office for National Statistics, the amount of vacancies also rose during the last quarter - by 39,000 to reach 480,000 in the three months to February, which is undoubtedly good news for graduates looking for employment in the degree-level job market.
The findings also showed that public-sector employment continued to grow, increasing by a solid 46,000 in the year to the final quarter of 2009, while over the same period of time some 527,000 jobs were lost in the private sector.
John Atkinson, associate director of the Institute for Employment Studies, said: "It is encouraging that unemployment has fallen sharply this month, but the underlying growth in vacancies may be leveling off."
This news comes soon after professional services firm KPMG announced that it would continue to increase the number of candidates - including graduates - that it plans to hire in the next year.
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