Sector bucks the trend as overall graduate vacancies decline
Graduate vacancies in insurance are predicted to rise this year, according to the Association of Graduate Recruiters.
In a survey published today, the association predicted the insurance sector, together with banking and accountancy, would take on more graduates in 2010 than in 2009.
However there was gloomy news for the rest of the economy, with the prediction that up to 70 graduates are vying for each potential position, while the overall number of graduates jobs has fallen seven per cent.
The Association of Graduate Recruiters polled over 200 firms including Cadbury, Marks & Spencer, JP Morgan and Vodafone and found the number of applications per vacancy had risen to 68.8 this year, the highest figure recorded. In the most hotly contested sector – makers of fast-moving consumer goods such as food, confectionery and cosmetics – there were 205 applications for each job.
