Graduates may not get the job they want straight away, but they will do in the end as it is those without degrees who suffer the most
New figures from the Office of National Statistics (ONS) have recently confirmed that Britain went back into a recession at the end of last year. During the last recession most university graduates still got graduate jobs, the unemployment rate for graduates after six months didn’t get above 9%.
Studies have shown that it is the people with lower qualifications who suffer the most during a recession. Currently about a third of the UK working population has some form of higher education qualification.
Employers know what the current market conditions are and will already have factored this in to their 2012 recruitment plans. As a result you can probably expect graduate recruitment to as good if not better this year than last in IT, engineering, energy and utilities but in other sectors such as investment banking it is likely to be well down on last year.
A degree doesn’t guarantee a job, graduates will have to work hard to get into employment and the position they want straight away. Graduates need to use all the resources available to them – university careers, advice sites, and make sure they continue to apply for jobs.
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