Current tendencies of recruitement of young graduates

After the economic slump of the early 90�s, and specially since 1996, Spain has very quickly put its economy back into shape. Inflation and interest rates have come down, unemployment rates are slowly but steadily decreasing, the currency has been stabilized, the public sector debt has been reduced, state-owned industry is moving towards privatization, outlooks for trade are optimistic, and billions of dollars are being invested in far-sighted high-tech projects which are attracting the interest of many multi-national corporations. 

As many analysts had foreseen, Spain was among the first European Union nations to join the European Monetary Union in 1999, and some have gone as far as to say that Spain is not only laying the groundwork to become Europe�s economic engine in the south, but is also on the way of becoming the most dynamic european economies. 

This new situation is of course reflected in the current tendencies of recruitment and hiring of young graduates.

Technical careers are today those which have the best professional perpectives, and the most demanded graduates are currently Engineers (Industrial, Telecommunications and Informatics), Economists, Physicists and Mathematicians, Lawyers, Chemists and Maketing experts. 

When recruiting graduates, company priorities have shifted. MBAs, and other Masters, are no longer a passport to success - i.e. a good job - and companies no longer value them as highly as they did a few years ago. Today it is more important to have a good knowledge of languages (English plus a third language, usually German or French), computer literacy, previous experience (obtained through student placement schemes, EU stages, or other jobs, preferably in the same economical sector), and specific personal qualifications. In this sense, companies are looking for graduates which are motivated, flexible, pragmatic, dynamic, responsable, intellectually aggresive, and able to work both independently and in a team.