Credit crunch companies 'positive about graduate recruitment'

Those seeking finance recruitment have been advised that most companies are not planning on cutting their employment rates following the recent credit crunch.

Association of Graduate Careers Advisory Services (AGCAS) has asserted that most recruiters "continuing to be quite positive about the recruitment of graduates", which may be of interest to those seeking finance jobs.

In fact, communications director at AGCS Elspeth Farrar comments: "Companies are being far more cautious about backing out of the recruitment market in terms of graduates and they are still, as far as possible, trying to keep the recruitment up."

She added that lessons has been learnt by employers following the last recession eight years ago, when employers cut back on graduate recruitment, resulting in a later skills shortage.

AGCAS is predicting an increase of 16.4 per cent in graduate recruitment this year, following research by the organisation which suggests 69.5 per cent of employers have more vacancies than this time last year.