Are you recruiting graduates this year?

The number of university leavers vying for relatively well-paid jobs has almost trebled in just three years, it has emerged. Among investment banks, some 232 candidates are applying for each position, while an average 188 graduates are competing for positions in energy or utilities companies.

The disclosure underlines the extent to which the jobs market has failed to keep pace with the expansion of university places in recent years. Candidates leaving university without at least a 2:1 are likely to miss out, as almost three quarters of firms say this is a minimum requirement.

The poll also found that while there was there was stiffer competition for jobs the average starting salary had increased slightly to £25,500 – the first rise since 2008.

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