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Business owners should 'invest' in graduates

Jun 20 2008

Small business owners should keep on employing graduates 'when times get tough' to ensure that they still have skilled staff when conditions improve, a recruitment agency reveals.

PFJ, a key sector agency, says that if the economy is close to recession then it can be more important to maintain a good-quality workforce to help steer through harder circumstances.

Chairman of PFJ Paul Farrer comments that those who have historically cut down on graduate staff in a recession later complain that they 'don't have enough talent'.

Farrer adds that companies should invest in a 'long-term strategy' and that small businesses 'should invest in graduate schemes when times get tough because then you are going to have very loyal workforce coming through when things get better'.

The Association of Graduate Recruiters has said that 67 per cent of those running graduate schemes are worried that they will not fill all of their vacancies this year.

Despite this, experts predict the highest increase in specialist jobs for graduates in the past decade.
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