UK graduate job market 2016 – here are four key predictions and tips on maximising your chances in the current jobs market; and if you’re a current finalist, luckily it’s not the jobs market you saw when you started university.
Broadly positive employment outlook
- Employment intentions are still up, but the rate of increase is slowing.
- There will be more graduate-level jobs in the UK than ever before.
An uncertain EU referendum
- Business confidence is likely to be affected if a Brexit happens, and that means a weakening of the economy and fewer job vacancies.
- A portion of the political skirmishing is likely to feature more rhetoric, and possible action, on immigration, which will exacerbate skills shortages.
Skills shortages and recruitment difficulties
- Widespread graduate shortages across a range of key sectors, such as engineering, building and construction, teaching, health, IT, business services and in niches throughout the economy.
- This will be a good time to graduate as an engineer, but even if you are not, there are areas of the economy that are short of graduates.
The urbanisation of graduate work
- Graduate employment is concentrated in cities, and that shows no sign of changing soon.
- London is obviously the big draw, but only 21% of graduates start their career in the capital with the cost of living and quality of housing a big turn off for many.
- Source: What will the graduate job market look like in 2016? | Guardian Careers | The Guardian
- Published: January 2016