With autumn just around the corner the time has come to start thinking about graduate recruitment for 2008/09. In the first part of a series we briefly review one of the basics of any labour market: supply.
Using data carefully gathered by universities and the Higher Education Statistics Agency (external website) we have illustrated the basic trends in graduate numbers since 1994.
The total number of graduates is up by over a quarter during the timespan shown. The proportion of students achieving first and upper second class degrees has also increased. Both of these trends have obvious implications for graduate recruiters.
Note: data is available prior to 1994 but it is not comparable with the HESA data shown above. The 1992 reorganisation of higher education is an important factor. For example, the Central Services Unit listed the total number of graduates in 1992 as 148,037.
Next week: graduate attraction 1998-2008
Later this month: graduate starting salaries 1992-2008
Next month: take part in the annual IRS graduate recruitment survey. You can sign up to be notified of its launch by completing the form on the IRS research website (opens new window) and including 'recruitment' or 'pay and benefits' in your areas of interest.
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