Write a report discussing The state of the graduate market now and Essay

Write a report discussing The adduce of the graduate market place now and what prediction for the future when you graduate - Essay ExampleAlthough the employment range may have reduced in the past few years, the resultant rise in salaries and the speech pattern on better productivity of the human resource by the employers is giving a more economically sustainable perspective to the labor market.A number of surveys and researches carried out on the speculate market scenario for the potash alums of 2012 and the realizable projections for the up-coming years point out the basic factors on which recruitment in todays market depends. The general scenario for graduates appears to show a decrease in job openings, with a significant raise in starting salaries for graduates, hired on the basis of student experiences acquired prior to completion of the degree course.Among these, the number of job openings in comparison to the number of graduates joining the job hunt is the greatest dete rmination factor for the train of competition present. After the major decrease of job vacancies in 2008 and 2009 by 6.7% and 17.8% respectively as a resultant of the recession, the general trend for graduate job openings has improved in the past two years.Consequently, it is anticipate that the job market of 2012 will supply a 6.4% append in the U.K. (H.E.C.S.U & HighFliers Research Limited, 2012), 3% macrocosm graduate job openings. This figure, however, is the lowest since the economy recovered from the crisis in 2010. Therefore, in spite of the apparent increase in the number of jobs form the last year, there are other factors which have impeded the growth. trance evaluating the unemployment rate, it is essential to take into account the rising number of graduates competing for the available jobs. According to the latest publication of The Graduate Market in 2012 by Higher Education Career Services Unit (H.E.C.S.U), a genius job vacancy attracts an average of 83 application s (H.E.C.S.U & HighFliers Research Limited, 2012).Furthermore, the rise of the Global Unemployment Rate has not resumed to the cowcatcher level of 5.5% in 2008,