British pupils with A-levels are heading for a more volatile labour market, even as the spread of coronavirus is slowly easing. Thousands of hopeful students are leaving university to enter the world of work. [Sources: 10, 18]
According to the survey, 28 percent of graduates had their job offers cancelled or their start date postponed, while others were given jobs until the summer of 2021, with students in the penultimate year qualifying for internships this year. Looking at employment outcomes across sectors, Figure 1 shows a significant increase in those leaving the academic sector three years and a half after graduation. Many employers are beginning to recruit graduates as a new group of students enters the labor market. [Sources: 1, 12, 17]
It is encouraging that the number of graduates entering the labour market at a professional level has fallen both in percentage and absolute terms. But that means that the overall job market for graduates is still in decline. Overall, the figures show that between July and September 2017, graduates of higher education were more likely to find employment than unemployed people, job seekers and graduates on the labour market and those who completed their education with lower qualifications or without qualifications. It is also significant that the number of people in employment has risen by 11,000 compared with the previous year. [Sources: 8, 11, 14]
The fall in retail employment could affect the ability of students from disadvantaged backgrounds to support themselves during their studies and the impact of this on their ability to work. So use your university and diploma services to find a job, while continuing to look for ways to improve your work experience that could help you improve your resume in the meantime. If you wish to start your application, a free consultation with SI UK can be arranged via the SI website. [Sources: 12, 15, 20]
We monitor market trends and work closely with the higher education sector, including the higher education sector, to keep up with employers “needs and expectations. You need to understand the current job market for UK university graduates and what your employer expects of you. We will discuss this in more detail in a future blog post on the SI UK website and you will also need to keep an eye out for market trends. [Sources: 0, 4, 13]
The experience of previous recessions tells us that graduates are less likely to find work and start in lower-paid occupations than they might expect. Previous IFS work has used data on young people who have left school or university during the last three recessions and compared it with what happens to similar younger people entering the labour market at normal times. We have found that students who start higher education at the end of their first year at university or early in their second year are more likely to suffer lower wages and employment levels for some time than anyone else. In order to interpret the jobs of graduates, it is appropriate to look more closely at everyone who entered the labour market this year, whether or not they have graduated, than at the figures recorded for graduates. [Sources: 7, 8, 18]
As local and EU students explore the country and begin to test the waters of the labour market, international students will have difficulties, while non-citizens will find it more difficult to secure a job for graduates. There are many opportunities for internships and internships in the US, but England has more opportunities. [Sources: 6, 9]
The labour market at the time of graduation is likely to be less competitive than in recent years, suggesting a major blow to employment prospects and incomes. But labor market analysts say it’s not impossible to find a job in the market, it could just take a little longer. [Sources: 2, 7]
Since the 2009 crisis, large employers have worked hard to keep their graduates on the right track, “said David Hutton, executive director of High Fliers Research, which studies college jobs. He added that more jobs are being created, but “it is clear that there is a lack of continued growth in the number of jobs for graduates, particularly in higher education.” [Sources: 8, 17]
While previous generations may call the 2008 recession a hallmark of their employment struggles, Generation Z goes a step further. Generation Z entered the labor market after the recession pandemic, a double mess, and it is clear that they entered the labor market much faster than their parents “generation. [Sources: 5, 16]
I can only imagine the concern of this year’s students about entering the current labour market, but I would like to assure you that you are not doing this alone. I am commenting on this so that graduates can be sure that the jobs they want are available and that labour markets are recovering. COVID-19, whose career prospects have been destroyed by the collapse of the British property market in recent years, is behaving like the financial crisis, the recession or a combination of the two. [Sources: 3, 8, 19]
