Applying for dozens of jobs without receiving so much as an acknowledgment in return and failing to secure that elusive first step on the employment ladder because of the sheer intensity of competition: that is the experience of too many young people who have graduated from college or university over the past four years.

So news that two major employers are to expand their programme of graduate recruitment in Scotland will give renewed hope to those who have stepped out of university into the full icy blast of recession. BP is increasing its UK-wide graduate intake this year by 50% to 244, while accountancy firm Ernst & Young is to start recruiting 750 graduates and 400 interns from next month.

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