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From: Australian Financial Review
Friday 21/11/2008
HEADLINE: Graduate job opportunities tighten
AUTHOR: Rachel Lebihan
Growth in vacancies for new university graduates has fallen from 11.2 percent in 2008 to 2.1 percent this year according to a survey by the Australian Association of Graduate Employers. The financial services,insurance and consumer goods sectors are expected to be hardest hit, with companies such as QIC, GE Money Australia, IBM Australia and Suncorp Metway reducing or rethinking their graduate intake numbers. Theaccounting sector is not expecting to cut numbers however, with KPMG, Ernst & Young, Deloitte and PricewaterhouseCoopers all confirming they will continue with their planned graduate intakes, while the information technology sector also has a large number of unfilled vacancies, although the Australian Computer Society says some slowing in recruitment is expected. However, National Australia Bank says the bank will not be reducing its intake of graduates, as they have an important role in bringing in fresh talent. |
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