Thursday, June 21, 2018

More Graduates in Part time Roles

Part Time Graduates

A recent report by the Association of Graduate Recruiters (AGR) has revealed that one fifth of recent graduates are working part time.

Of the students who graduated in 2010/11, sixty three per cent were in employment six months after. The lack of jobs means that many have taken alternative routes after graduating. A number of recent graduates have decided to further their education.

Of the 224,000 graduates surveyed eight per cent were both working and studying, sixteen per cent were solely in further education and nine per cent were unemployed. Finding employment after graduation has become increasingly difficult over the last few years. Figures have shown that this has led to more young people deciding to take the plunge of working for themselves. With modules in entrepreneurship becoming more popular on university courses, recent figures show five per cent of recent graduates have set up businesses or are using their talents to work on a freelance basis.

There has been a definite increase in the number of graduates working part time or for themselves compared to previous years. The types of roles that graduates are taking part time tend to be in sales led jobs or have a customer service focus. Those who have managed to land a full time job after graduation tend to be on a managerial scheme or on route to achieving a professional qualification. Although fewer graduates may be managing to acquire a management scheme type job they are still the least likely people to be in a process or plant and machine operative role. They are also unlikely to take on a skilled trade.

Unfortunately, for graduates the competition for the much coveted management scheme role remains fierce. We've all heard the figures about the number of applications made for any one role. The AGR said that in the 2011/12 recruitment season there were still 73 applications for each graduate vacancy. This is of course high, but is a reduction from last year's high of eighty three.

It isn't all bad news for recent graduates though. The survey also revealed that the average starting salary rose from twenty five thousand a year to twenty six thousand, five hundred pounds a year. This is welcomed news after a stagnant three years.

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