Communication and the ease of it today is great but it has a huge downside. There has been so much doom and gloom, reports dominated by redundancies and companies going out of business that this has affected the new graduate workforce of the UK. They believe there are no jobs so they are not job hunting – so instead even more are going travelling or taking up post graduate study.
The rationale being that come 2010 – when they return to the job market things will be better when it comes to jobs. But this is just not the case.
So many finalists are not applying that many of the big firms still have vacanies to fill – so there are jobs out there now! Taking on the costs of a post graduate degree just to put off job huting is an expensive mistake. Employers wants graduates with real world, work based skills not more academic knowledge. And come 2010 there will be another 300,000 graduates leaving University to compete against for jobs.
So what’s the message? If I were a finalist today or a graduate from last year, knowing what I know, I would apply to as many companies as I could and if I did not secure the job I want this summer, I would get work experience and apply again for next year – as that work experience will help me stand out for the rest.