A study among 300 graduates by jobs website totaljobs.com also revealed that one in four of those who wrote more than 100 applications was not offered a single interview.
The difficulty in finding work has led to lower wage expectations, with today’s graduates expecting to earn less than £20,000 a year.
Mike Fetters of totaljobs.com said: “Overall, the picture for graduates is tough, but there are signs of improvement. We are seeing some growth in the number of job available”.
With such a field of jobseekers, there are benefits for companies in the property and construction sector who may be looking to recruit. Charlotte Gallagher, Managing Director of P3 People Management, Manchester’s leading Property and Construction sector HR consultancy, said: ”Most businesses would benefit from recruiting new talent possessing drive, enthusiasm and fresh ideas. Sometimes it can be difficult to acquire these at a cost that is attainable. That is where the graduate job market plays a part”.
Consultants at P3 People Management can ensure you get the right graduate for the job. Charlotte added: “We will help you seek out the very best, using personality profiling and other fail-safe techniques. We can also help you draft a tailored job description. A company’s success is highly dependent upon the people working within it – your staff have the opportunity to make a positive or negative impact on your business – so it’s important you recruit the right people. Getting the selection process wrong carries considerable losses in terms of recruitment costs, lost sales, missed deadlines and lower staff morale.
Businesses need to match the dynamics of the company, the career opportunity and the candidate, giving you the opportunity to do more than just fill a position”.
For further advice contact P3 People Management on 0161 941 2426 or visit www.p3pm.co.uk