(Google income) Jobs for graduates

November 29th, 2009 admin Posted in marketing |

By Rupert Olma

In times of financial uncertainty the job market invariably suffers. Graduate jobs in particular are likely to be the first to feel the hit, and this time round is no different. Since the credit crunch pretty much every student has been graduating into an uncertain and troubling market, one in which their jobs are by no means guaranteed.

A 2008 study by Personnel Today reported that 59 percent of students were concerned about their future. That figure has since shot up dramatically. At the time such things were only a possibility: a diminishing economy meaning fewer jobs available for graduates, jobs that had already been secured suddenly being cancelled and the ?15,000 of loans to pay back; now it is fact.

Evidence enough is found in one particular statistic. At the time only 17 percent said they would consider taking a job they felt was below their intellectual capacity. Today that figure has skyrocketed. People are taking anything.

Fast forward to 2010 and things have become very different. However, it is important not to get carried away in the doom-mongering. Yes, there are expected to be far fewer graduate jobs available this year, particularly in the financial services sector, but many employers are still hiring even for 2010.

Some sectors, such as engineering even expect a rise in graduate vacancies this year. The investment banks never had more than a few per cent of the market in any case. The latest survey from the Association of Graduate Recruiters suggests that graduate recruitment will fall on average this summer by 5.4 per cent ? and even this figure is influenced by the disproportionate number of financial service companies in the AGR survey.

Things aren’t that bad. Though they may share some of the blame for the panic-mongering, the national newspapers are a great place to go for help and even recruitment. Guardian Jobs in particular have an excellent track record for evenly weighted articles on recruitment and have an extensive list of companies who advertize with them. They are well worth a look.

The advice is of course quite simple and often repeated, but for those who feel completely overwhelmed by the job market then just seeing everything in one place is extremely useful. Advice about degrees, work experience, volunteering, showing initiative is all fairly standard but is good to hear.

To conclude, things are nowhere near as bad as many would like you to believe. Of course the recession has affected things but there is no need to withdraw into a pit of despair. The jobs are out there should who have the get up and go to find them.

Rupert Olma is a keen writer about graduate jobs and he is specialised in public sector jobs. This article was inspired by the Guardian Jobs website.

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