Monday 29 March 2010

More Degrees than a thermometer!


In a week when final-year university students turn their attention to jobhunting during the Easter break, a survey by the Chartered Institute of Personnel and Development (CIPD) finds that nearly six in ten (59%) of employees who graduated in the last two years are not currently working in a field or profession related to the degree they studied.

The survey, Focus on graduate jobs, which is based on responses from more than 700 graduates in employment, comes against the backdrop of Government pledges to significantly increase - to 75% - the proportion of young people they want to secure a degree or equivalent level qualification.
In addition, the survey, conducted for the CIPD by YouGov, finds that among graduates not working in a field related to the degree they studied:

• 58% of those who graduated in the last two years said this was because they were unable to find a suitable job

• 28% said that their degree did not equip them with the skills that they need for the workplace

• 21% of recent graduates chose a new career path after finishing their degree

• 24% had since decided to postpone the start of the careers entirely

The figures raise questions over the Government's continued efforts to expand enrolment on university degrees, and their desire to chase the new 75% target for young people to be educated up to degree level, particularly at a time when the UK labour market has contracted significantly.

APA employment spokesperson Faye Crisp added, “A significant number of business graduates are known to have taken jobs as a PA to enter companies at a level where they will gain a broad level of exposure to business practice and access to senior staff. While this is commendable the Government does need to look again at it targets and make moves to improve its vocational qualifications to ensure they meet the needs of employers.”

APA hopes to launch its first Degree in PA Practice in late 2010.

Gareth, APA (for Faye Crisp FAPA)

3 comments:

Tom Richmond, Skills Advisor, CIPD said...

"Our survey findings suggest the Government's target of 75% of young people achieving a degree or equivalent level qualification is counter-productive and should be urgently reviewed. As rising youth unemployment threatens to create a 'lost generation' of jobless young people, the rising number of students unable to work in jobs related to the subjects they studied at university threatens to create a 'disillusioned generation' of graduates, unable to find graduate-level employment but still saddled with thousands of pounds worth of debt.

"If this is the situation today when our graduation rate is 39%* then the consequences for future graduate job prospects look bleak indeed if there really is an attempt to nearly double the numbers of graduates in the UK. To compound this, the recent announcement of an extra 20,000 university places in this year's Budget makes the creation of a 'disillusioned generation' even more likely.

"Government should focus on understanding the needs of learners and employers, as well as providing young people with better information about the realistic employment prospects and salaries typically available for holders of degrees in different subjects. This will help ensure there is a better link between demand for, and supply of, graduate jobs.

"The Government also needs to spend more time and effort developing and promoting the new vocationally-based diplomas for 14 to 19-year-olds to ensure that more young people have the key skills to enter the workforce at age 16 or 18, rather than encouraging such a high proportion of them to study for degrees. Our survey suggests this over promotion of university or equivalent level study could leave many without the knowledge and skills that will genuinely help them find graduate-level work and apply it in the workplace."

Jams Gunwall said...

I'm one of those graduates who opted to change disciplines. I originally studied the sciences and decided it was not for me (after 2 years of job hunting) and am now working as a PA Temp. I am with a great Company and they are encouraging me to start a business masters in 2011 with an option for long term employment.

Nic said...

The one thing that a degree will rarely give you is experience. That's why unpaid internships are such a great idea. At best, you're going to have gotten yourself a graduate position, at worst, you'll have some experience to put down on your CV.

Still, there's no shame in admitting that perhaps your degree subject was not the best choice. You can find that it wasn't what you expected. Sometimes a uni will take a subject you loved and make you hate it. But it is still a degree and I still think that counts for something. It's not just the piece of paper you get at the end, it's the skills you'll have developed in the process of getting your degree. They can often be turned in directions you may not have thought of.

That's what I found anyway.