Recruitment agencies and job boards alike have noticed an increase of finance graduate vacancies in the past three months.
The recession hit every industry hard but with the financial sector being at the heart of the cause jobs dwindled to lows that have not been seen for a long time. Fortunately for everyone the economy is on the road to recovery and that may be the reason why more finance graduate vacancies have started opening up.
Of course it can always be attributed to the job market getting better in general. However, most have noted that finance jobs seem to form the spearhead of this trend, outperforming many other sectors that seem to rise much more closely with the average trend.
A reason that could be the genuine force behind this recent resurgence is that the finance sector has managed to get back on its feet and can now afford to hire the extra help to raise it back to its former status.
There is one problem that leers over this whole situation – providing that opposition party Labour is right and we are heading into a double-dip recession with the current Conservative/Liberal Democrat coalition government. If the Labour party is correct then avoiding the financial sector would seem to be a sensible course of action.
If you have a family to support and the financial sector is a ‘lane change’ (i.e. you have not worked in that sector before) then it may (and emphasis on ‘may’) be a good idea to hold on a little longer. Not even economists can agree on which political party is right about the economy but just in case the former government are then waiting for a bit could be the best course of action.
However, if you are applying for finance graduate vacancies, there seems little reason why you shouldn’t apply now. As a graduate, it will be your first job and one where you can get some great experience that will lead to better things. And in the worst-case scenario; that we do enter a double-dip recession and you lose your job as a consequence, it is not the end of the world. Although it is far from ideal, you still have gained valuable work experience and got your career in the financial sector off to a start. You lost your job by no fault of your own and you can use the skills learnt from this job in your next, even if it is not in the same sector.
Overall, the best advice to give finance graduates is that things are looking up and keep applying for those finance graduate vacancies!
Finance graduates have much to smile about, as finance graduate vacancies are on the increase. Kick start your financial career by applying for graduate jobs in the sector on graduate-jobs.com.
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