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Graduates look away from City jobs

06/01/2009

Graduates look away from City jobs

New graduates are increasingly likely to look away from the trappings of commercial City jobs, it has been claimed.

The Independent has said the change was prompted by the global economic downturn, which led top graduates to opt for safer professions.

Head of Cambridge University's careers service said students are worried about the sector.

Gordon Chesterman noted less had returned to join careers fairs devised to help current students decide on a career path.

"They had also read headlines in the press about 120,000 white-collar jobs going in the finance sector and thought, 'I've got my suspicions'," he explained.

More graduates are opting to apply for teaching posts and more socially aware positions.

The City is also less active in 'headhunting' recruits, preferring to concentrate on just a few institutions.

A spokesperson from Warwick University told the paper: "They appear to be focusing specifically on where they think they will be able to recruit the brightest recruits."

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