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63% of British employers plan to hire recent university graduates

CareerBuilder and Economic Modeling Specialists Intl. (EMSI) released a new list of the top growing industries in five of the largest University towns in Britain. 

“Our data shows that 63 per cent of employers in Britain plan to hire recent university graduates in 2014 and 21 per cent have increased their educational requirements over the last five years – making the scrap for university talent even stronger,” said Scott Helmes, Managing Director of CareerBuilder UK.

“Companies realise that to tap into the wealth of knowledge and drive that new college graduates bring to the workforce, they have to be close to where they live and socialise early in their academic career. As a result we are seeing a variety of companies moving closer to University towns, which in turn is driving up job growth in those areas.”

The following five cities are known for their academic institutions and University jobs account for between 7 per cent and 21 per cent of the total number of jobs in the area

Oxford

&middot         Universities: University of Oxford and Oxford Brookes University

&middot         People employed by the universities in 2014: 22,036 (21% of total jobs in Oxford)

&middot         Change in jobs in the universities 2011-2014: 8%

&middot         Other industries experiencing double-digit growth between 2011 and 2014 include:

o   Retail sale of second-hand goods in stores

o   Renting and operating of own or leased real estate

o   Publishing of journals and periodicals

o   Book publishing

Cambridge

&middot         Universities: Cambridge University and Anglia Ruskin University

&middot         People employed by the universities in 2014: 13,893 (15% of total jobs in Cambridge)

&middot         Change in jobs in the universities 2011-2014: -7%

&middot         Other industries experiencing double digit growth between 2011 and 2014 include:

o   Software publishing

o   Travel agency activities

o   Engineering activities and related technical consultancy industry

o   Computer consultancy activities

o   Hospital activities

Canterbury

&middot         Universities: University of Kent, University for the Creative Arts and Canterbury Christ Church University

&middot         People employed by the universities in 2014: 5,875 (10% of total jobs in Canterbury)

&middot         Change in jobs in the universities 2011-2014: 13%

&middot         Other industries experiencing double-digit growth between 2011 and 2014 include:

o   Management of real estate

o   Publishing

o   Retail sale in non-specialised stores with food, beverages or tobacco predominating

Lancaster

&middot         Universities: Lancaster University and University of Cumbria

&middot         People employed by the universities in 2014: 4,317 (8% of total jobs in Lancaster)

&middot         Change in jobs in the universities 2011-2014: 23%

&middot         Other industries experiencing double-digit growth between 2011 and 2014 include:

o   Computer programming

o   Event catering

o   Dental practice

o   Construction of roads and motorways

Bath

&middot         Universities: University of Bath and Bath Spa University

&middot         People employed by the universities in 2014: 5,882 (7% of total jobs in Bath)

&middot         Change in jobs in the universities 2011-2014: 7%

&middot         Other industries experiencing double-digit growth between 2011 and 2014 include:

o   Performing arts

o   Real estate agencies

o   E-commerce

o   Advertising agencies

“Providing more career opportunities located around universities is likely to boost the number of alumni choosing to stay there and this will also have benefits for employers in the long-term, creating a network effect, said Dr. Sanja Licina, Senior Director, Workforce Analytics at CareerBuilder. “This growth is further fueled by significant difference in the cost of living, as prices in university towns are often lower than in other areas where most work opportunities are located (esp. London).”

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