Recent data has shown that around a quarter of 21 year old graduates are facing unemployment. Records of are at an all time high and this may be frustrated by the fact that between 2001 and 2011 there was a 41% increase of those choosing a graduate level qualification. See: http://www.youtube.com/watch?v=39Hvxw2XNGk . Many reports based on the Office of National Statistics data, as supplied by the Labour Force Market survey, are keen to convey that a massive 73% of graduates from last year are employed. This is what we might call, ‘in real terms’.
But what information are we missing?
When looking to the media for answers, keep in mind that the Guardian is financed by The Scott Trust and owned by nobody. Therefore their journalists enjoy a free speech like no other newspaper. Returning to the point; two questions spring immediately to mind. What is the percentage of graduates failing to participate in surveys? Some may not wish to share their lack of success. For example the DLHE questionnaire which acts as a guide to current students, demonstrates the previous year’s career destinations.[i] It is therefore uncertain how comprehensive this publication can ever be.
In addition, is the data that is collected missing the point entirely? Focusing on the level of work these employed graduates are finding themselves reveals a harsh reality. [ii]It has been suggested that after six months 38% of graduates were in non-graduate levels of employment, bar work being the most common. [iii]
It certainly is tough and disheartening to be seeking a career platform at the low ebb of a recession. Universities should be ensuring that their students are adequately prepared for what awaits them and there should be ongoing assistance post-graduation. Employers have the opportunity to cherry pick their employees and this can further disadvantage a graduate. So what incentives are there to keep chipping away at your goals?
The double-edged sword:
It is advised that volunteering can build on credentials and while this is great, it may be an issue if combined with part time hours. For example; if claiming Job Seekers Allowance under the age of 25, the maximum entitlement is £53.45. In order to qualify, an applicant must spend less than 16 hours in paid work per week.[iv] A graduate therefore may be able to acquire a few hours working in their chosen field, perhaps building a portfolio or undertaking a lower role. The caveat however, which is neglected to be conveyed with clarity is this: typically, single JSA claimants in part time work are entitled to the first £5 of their earnings. Therefore it is not financially rewarding to work more than 1 hour a week, even though to do so may be of inestimable value to your CV. This clandestine agenda forces graduates to either go it alone or remain on benefits hindering their own progress. There are little incentives and in addition no leeway for those who need that last little support before flying the career nest.
A self-help checklist:
On a lighter note it is important to remain focused and positive. The most basic of check lists can prove beneficial. It is essential to be on the radar of relevant recruitment agents and to keep your CV up to date. A good recruitment agent will have vital connections and an influential relationship with key firms. For a comprehensive service that includes a skills health check, CV suggestions and interview tips see: https://nextstep.direct.gov.uk/Pages/home.aspx.
In addition,http://www.volunteering.org.uk/ will find your local volunteering centre and positions related to your chosen field. Volunteering provides a chance to give something back, remain occupied and possibly make some crucial connections.
It may also be advantageous to start a blog based on your desired career path. This has the potential to demonstrate your knowledge and skills to prospective employers. It will keep your mind active and the research will ensure a current and relevant grasp in your field.
Networking is an important path to awareness of opportunities. Many employers do not formally advertise, so an awareness of which companies are likely to expand followed up with an introductory letter may enjoy sole attention. The path into the informal job market may be the slow burn approach, however, for those yet to gain the relevant credentials; it is certainly an additional ball worth juggling. For more on this see: 8Steps to Getting What You Want Without Formal Credentials.
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