Buoyant graduate market but candidates lack skills, says AGR

Nick Elvin

Many employers still have an average of 45 unfilled vacancies for 2015, with 65% reporting unfilled vacancies, according to a poll conducted among members of the Association of Graduate Recruiters (AGR).

There are vacancies across all specialisms, with the highest percentages of vacancies in accountancy (27%), IT (26%), electrical/electronic engineering (20%) and financial management (18%). Members reported vacancies nationwide, and urged graduates to think about opportunities outside of London and the South East.

The findings follow the AGR’s 2015 winter survey, which announced a predicted 11.9% increase in graduate vacancies on last year. The top reason for having unfilled vacancies this year is a buoyant graduate market, with 58% of employers citing an increase in hiring targets. However, skills gaps are still having an impact, with 31% of employers citing that candidates lack specific skills.

The AGR says organisations need to fill their vacancies to support their growth plans, however complex work permit rules are not helping as many employers also want to recruit international students that have studied in the UK.

Stephen Isherwood, chief executive of the AGR, said: “The job market for graduates is buoyant. Many employers are still recruiting for training schemes that will start this year. But students shouldn’t be complacent.

“Our AGR members have said that many candidates’ applications are not thought through. Employers are looking for a combination of skills, knowledge and attitude. Show why you want to work for the company and take the time to complete your application thoroughly – spelling mistakes don’t help.”