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Prospects remain challenging for graduates

Monday 26th July 2010

This summer's graduates will be entering into an improving, but highly-competitive job market, according to a new CareerBuilder.co.uk survey.

Some 23% of employers said they planned to hire recent college graduates in the next 12 months, while 77% will be placing recruitment plans for this segment on hold until further assessment.

Of those planning to hire, 67% anticipate that starting salaries will remain the same compared to 2009 while 6% expect compensation to be higher and 11% expect it to be lower.

More than a quarter (28%) of UK employers plan to offer recent college graduates starting salaries ranging between £20-30,000.

"While we are seeing more jobs posted on our site in the UK, the job market will remain challenging for those entering the workforce for the first time," said Tony Roy, President of CareerBuilder EMEA.

"It's important to be flexible. You may not get your dream job right away, but look for those opportunities that will afford you good experience and expand your professional network."

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