85 applicants - or more - per graduate job

There could be a four per cent fall in jobs available to new grads this year, according to new research

Top employers are receiving around 85 applications for every graduate vacancy amid an expected drop in the number of jobs available, research suggests.

In some cases around 211 graduates are chasing each opening, according to a new report.

The Association of Graduate Recruiters (AGR) annual summer survey reveals that leading companies are predicting that there will be a four per cent fall in the overall number of jobs available for new graduates this year compared to last.

But while some industries are taking on fewer staff, others are hiring more graduates, the survey adds.

University leavers hoping to land a position at a consulting or business services firm may find it easier to find work, with a 36 per cent increase in the number of vacancies available in 2012/12 compared to 2011/12.

At the same time, energy, water and utility companies are seeing a 31 per cent increase in openings and IT and telecommunications firms are upping their available jobs by 15 per cent.

But the banking and financial services are closing their doors to new graduates with a 45 per cent drop in the number of vacancies available, the survey found.

The survey, which questioned more than 200 leading graduate employers, found that on average firms are receiving 85.3 applications for every expected opening, up from 73 in the 2011/12 recruitment season.

Firms dealing with 'fast-moving consumer goods' - low-cost items such as toiletries and groceries - are the most in demand, the report found, with these companies receiving 211 applications on average for every job.

Positions at investment banks or fund managers and in retail are also sought after, with these industries receiving 135.3 and 130.2 applications on average respectively for each vacancy.

The report also suggests that more jobs are opening up in certain areas of the country, outside of London, with an increase in vacancies expected in the South East, the West Midlands and Scotland, it said.

And more firms are looking at applicants' backgrounds when hiring, the AGR said.

Just over one in six (16 per cent) of the companies questioned said they will be monitoring socio-economic background this year compared to 13 per cent at this point last year.

Stephen Isherwood, the new AGR chief executive, said: "With these results in mind, my message to students: is do not despair; graduate employers are broadly hiring the same number of graduates as they did before the credit crunch hit. Be competitive and strategic in your approach to applications - and keep persevering."

He suggested that students should remember that work experience can be invaluable when trying to find a job.

The new report paints a slightly worse picture than a study published two weeks ago which found that job prospects have improved for those leaving university this summer, with a rise in the number of graduate positions available.

PA

Life and Style
Steve Shaw shows Kate how to get wet behind the ears and how to align her neck
healthSteven Shaw - the 'Buddha of Breaststroke' - applies Alexander Technique to the watery sport
Arts and Entertainment
The sight of a bucking bronco in the shape of a pink penis was too much for Hollywood actor and gay rights supporter Martin Sheen, prompting him to boycott a scene in the TV series Grace and Frankie
tv
Sport
footballShirt then goes on sale on Gumtree
Voices
Terry Sue-Patt as Benny in the BBC children’s soap ‘Grange Hill’
voicesGrace Dent on Grange Hill and Terry Sue-Patt
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Performers drink tea at the Glastonbury festival in 2010
music
Arts and Entertainment
Twin Peaks stars Joan Chen, Michael Ontkean, Kyle Maclachlan and Piper Laurie
tvName confirmed for third series
Sport
Cameron Jerome
footballCanaries beat Boro to gain promotion to the Premier League
Arts and Entertainment
art
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
iJobs Job Widget
iJobs Student

Ashdown Group: Graduate UI Developer - HTML, CSS, Javascript

£25000 - £30000 per annum: Ashdown Group: Graduate UI Application Developer - ...

Ashdown Group: Marketing or Business Graduate Opportunity - Norwich - £22,000

£18000 - £22000 per annum + training: Ashdown Group: Business and Marketing Gr...

Ashdown Group: Graduate Software Developer - Norfolk - £22,000

£18000 - £22000 per annum + training: Ashdown Group: Software Developer - Norf...

Guru Careers: Graduate Resourcer / Recruitment Account Executive

£18k + Bonus: Guru Careers: We are seeking a bright, enthusiastic and internet...

Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine