Many graduates still out of work

The graduate job market is increasingly competitive with six out of 10 of graduates from the last three years failing to find a job, according to talent management provider SHL.

Polling 1,000 recent graduates and 350 graduate recruiters, their survey also found that 40% would not have gone to university if they had to pay 9K fees each year.

73% of graduates would consider moving abroad to find work, with the main reason being the opportunity to earn a better salary.
Sean Howard, vice-president business solutions, SHL, said: “The UK is failing its graduates. School leavers are faced with difficult decisions, not only has the cost of going to university risen, but UK employment options are bleak.”

“Understandably our graduates are open to the idea of seeking their career abroad and the UK industry is faced with a potential brain drain. If the government won’t reconsider the tuition fees, our recruiters need to reconsider their hiring criteria.”

On a positive notice there appears to be a recent shift in the amount of graduate jobs available. The Office for National Statistics recently released the latest employment figures, which show a rise of 143,000 of people in employment, including many roles for graduates.