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Helping graduates stuck in "career fear" trap
Published:  08 July, 2009

Reports of a slowing economy and a shrinking graduate job market are damaging university leavers' confidence in finding work. According to Deloitte, the business advisory firm, students have hit a "wall of fear" in the belief that the harsh market is creating too much competition.

Sarah Shillingford, Graduate Recruitment Partner at Deloitte, commented: "Too much anxiety about jobs prospects and debt can be damaging to students' future prospects. We must help graduates avoid the ‘career paralysis' trap which is often triggered when fear sets in and inaction takes over."

Recent reports claim graduates leaving university this summer face the toughest job market in a decade. This comes amid ever growing fears over job shortages and unemployment in the country as a whole.

Research of students perceptions reinforces this view. The UK Graduate Careers Survey of 16,357 graduates by High Fliers found a record 52 per cent regarded prospects for new graduates as "very limited" -the highest since the survey started in 1995.

Debt exacerbates student concerns. Having invested an average of £15,000 on their degrees, tens of thousands of finalists are now set to leave university with significant sums to repay.

Sarah added: "Our intake hasn't changed significantly in the last few years. On July 1st our application process will open for 2010. We have vacancies for around a 1,000 graduates to join Deloitte. Successful applicants may also have the chance to work on some of the UK's most exciting projects such as supporting the delivery of the London 2012 Games."

University leavers without a job to go to need a clear message, that the search for work is far from hopeless.

Deloitte assess candidates on a first come first served basis. The first candidates to apply, pass the assessments and hit the Deloitte benchmarks are offered a role. The Deloitte graduate website provides details of how to apply http://www.careers.deloitte.gtios.com




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