What has the budget done for graduate
recruitment, will graduate jobs see an
improvement
The budget was aimed at improving the economic
growth; with George Osbourne saying it would be aimed at creating a
‘flexible, educated workforce’. With measures designed to encourage
small and medium sized business growth, this will hopefully give
businesses more confidence to recruit the ever increasing amount of
graduates.
There are also several
schemes which have been created to help the lower
skilled end, Not in Education, Employment or Training (NEET). One
of the biggest boosts for graduates/young people out of work is the
announcement that job seekers work experience scheme is to be
extended. Job seekers will continue to receive when doing work
experience placements which last up to eight weeks. Yet the age
limit for this may mean that many graduates won’t qualify for the scheme, surely
therefore it job seekers should qualify if they have left education
in the last 2-3 years.
The conservatives and the Lib Dems are going
to try and cut corporation tax and create new ‘Enterprise zones’,
demonstrating that they are committed to creating jobs for
graduates and the ‘lost generation’. Graduates in particular
receive little support, with such fierce competition for fewer
jobs. With the HEFCE graduate internship scheme ending this month,
thousands more graduates entering the market in the coming months
means the government has a duty to do more for graduates seeking
graduate
schemes/jobs, yet this important issue has still been ignored
by the government.
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