Graduates looking for
accountancy jobs could face bigger competition this year, according to the Income Data Services.
A survey by the organisation revealed that
banking and finance companies plan to recruit nearly 15 per cent fewer graduates during 2008.
However, employers predict a 12.2 per cent increase in university-leaver recruitment across the job industry as a whole, compared to 18.3 per cent last year.
Jo Sellick, managing director of recruitment specialists Sellick Partnership, claimed graduates with good CVs will continue to find work.
"In the past, we have seen the financial recruitment market self-perpetuate, regardless of other market forces," she added. "Moreover … the strength of the UK economy should ride out a slowdown."
The research follows comments by Dan Hawes, co-founder of the Graduate Recruitment Bureau, who claimed that graduate vacancies will increase by around 16 per cent this year.
However Mr Hawes cited industries such as manufacturing and IT as sectors which will prosper and also added that this report was conducted last autumn.
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