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AssessmentDay Comment on Implications of Record Graduate Applications
AssessmentDay, an industry leader in online aptitude tests and numerical reasoning tests, comment on findings from the Association of Graduate Recruiters’ (AGR) latest survey.
The AGR has reported that the number of graduates applying for each available job vacancy has doubled since 2009. In one of their two annual surveys conducted with more than 200 employers, the AGR found that employers were receiving thirty-one applications per job before the economic downturn. In 2009, this climbed to forty-one, and now stands in 2011 at an all-time high and record average of eighty-three.
Some of the top companies in the UK are submersed with as many as one-hundred and fifty CVs for each single vacancy they advertise, despite the fact that there has been a slight, yet notable increase in the amount of available jobs, according to the AGR.
A spokesperson for AssessmentDay commented: “It is more essential than ever for university graduates to adequately prepare themselves for the increasingly competitive job market. Although there are signs of recovery at long last, this isn’t having the desired impact and there are still too many applicants and not enough jobs.
“It is also becoming more and more difficult for employers to sift between such an abundance of applicants, which has led to an increase in the number of organisations requiring applicants to take psychometric tests.
“At AssessmentDay, we can help graduates to prepare for the progressively more popular psychometric tests, and invite anyone interested in finding out more about these tests and how to prepare for them for the best possible chances in the job market to visit our website for more information and advice.”