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Finance graduate schemes could pick up following positive job figures

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More finance graduate schemes could be established as figures suggest the jobs market is beginning to recover from the downturn.

According to the latest figures from the Office for National Statistics, there was a 6,300 reduction in the number of people claiming Jobseeker’s Allowance in November.

Commenting on the figures, Dr John Philpott, chief economic advisor at the Chartered Institute of Personnel and Development, heralded the "most positive set of jobs figures since the start of the recession".

"Even the most optimistic forecasters would not have expected such a turnaround at this stage in the economic cycle which underscores the degree to which the UK’s flexible labour market is performing much better than in previous recessions," he said.

Dr Philpott added that the figures help to "validate" the positive message put forward by the government’s white paper on employment this week.

In other news, the European Union recently approved plans for the restructuring of the Royal Bank of Scotland, which its board hope will secure future prosperity while safeguarding existing assets.ADNFCR-2605-ID-19519541-ADNFCR

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