Graduates in the labour market – ONS Report

Yesterday (6th March), the ONS produced an update from the Labour Force Survey about graduates in the labour market, with the strapline “Recent graduates more likely to work in lower skill jobs than a decade ago”.

The proportion of recent graduates – people who completed a degree or higher education qualification within the last six years – in ‘lower skilled’ jobs went up from 26.7% in 2001 to 35.9% in 2011.

Charlie Ball, Deputy Director of Research for the Higher Education Careers Service Unit (HECSU) looks further at the report to evaluate if things really are as bad as they seem to appear (hint – it’s not all doom and gloom…!). Read Charlie’s observations – http://hecsu.blogspot.com/2012/03/graduates-in-labour-market.html

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What does 2012 hold for the jobseeking scientist?

Published in The New Scientist this week, Charlie Ball, Deputy Director of HECSU, writes that things are looking up for science graduates this summer:

here’s one prediction for 2012 that is definitely going to be correct – the majority of science graduates will get jobs, the majority of those who get jobs will get ones at graduate level, and you will almost all get good careers in the end – even if they might not be in something you considered while you were at university.

Read the full articles at – http://www.newscientist.com/blogs/bigwideworld/2012/01/what-does-2012-holdave-in-store-for-the-jobseeking-scientist-1.html

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Graduate jobs market expected to hold steady

The newly-published winter edition of the Association of Graduate Recruiters’ biannual survey foresees a marginal decline of 1.2% in its member firms’ graduate intakes this year.  While less optimistic than the recent High Fliers Research prediction of a 6.4% increase in leading firms’ graduates intakes, this at least suggests that that the graduate jobs market is likely to remain relatively stable.

Among other issues covered by the survey are graduate starting salaries, predicted to rise (for the first time since 2009) by 4% to an average of £26,000, and attitudes to two-year degrees.

On the recruitment marketing front, the survey found that nearly all recruiters (96%) are planning to use online promotions – such as social media, job-boards and corporate websites – to target students.  Despite this, a high proportion (89%) will still be visiting university campuses.

Visit www.ri5.co.uk for more details.

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Students believe they have necessary skills for job market

Majority are optimistic about careers despite economy

Most final-year students are optimistic about their long-term career prospects but are realistic about the problems they face making their first steps in the jobs market, research has shown.

More than 80 per cent of students about to complete three-year degree courses feel they now have the skills that employers need, while two-thirds described themselves as optimistic about their careers. Over a third (36 per cent) said it would be ‘easy’ for them to find the job they wanted, although most were more realistic, with 41 per cent admitting that they did not feel confident about their immediate future.

The figures come from a project called Futuretrack, a longitudinal study by the Higher Education Careers Services Unit (HESCU), which is tracking the destinations and attitudes of 50,000 students from the time they apply for university until two years after graduating.

A sizeable minority felt dissatisfied with what they had gained from university, with 10 per cent saying the skills they had developed were not wanted in the job market. While three-quarters said the university experience had made them more employable, a quarter expressed some doubt that this was the case.

Jane Artess, research director at HECSU said: “Students were more likely to believe that they had skills employers were looking for than they were to believe the skills they developed on their course had made them more employable, reflecting a realistic evaluation of the current economic climate.”

For full article visit People Management 23.1.12

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Graduate Market Trends Winter 2012 edition

This issue’s interview gives us a fascinating insight into David Willetts’ views on the debates about preparation for entry into higher education and the socioeconomic role of the sector. Next, in ‘free to comment’ careers guidance policy expert Professor Tony Watts reflects on the themes raised by the Minister and uncovers what he believes to be conflicting messages between current policy and future practice in information and guidance. We also bring you another exclusive: a preview of the research findings of the yet unpublished HECSU report on regional graduate employment.

http://www.hecsu.ac.uk/research_reports_graduate_market_trends_winter_2012.htm

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Welcome

Welcome to the SEECC Careers & LMI blog – currently being developed so don’t be too harsh!

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