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Employment Performance of UK Graduates in the Labor Market

   

Added on  2023-06-10

11 Pages2429 Words421 Views
Running head: BUSINESS
BUSINESS
Name of the Student
Name of the University
Author’s Note

1BUSINESS
Executive Summary
The report focuses on the employment performance of the UK graduates in the labor market. The
performance trends of UK graduates over the last three to five years have been reflected in this
study. This study also illustrates about the way to improve the employment level and increase
service opportunities for the graduates. The benefits of obtaining degree exceeding cost is also
evaluated in this study.

2BUSINESS
Table of Contents
Introduction......................................................................................................................................3
Rate of employed graduates in UK..................................................................................................3
Employment performance of UK graduates in the labor market.....................................................4
Evaluating whether benefits of obtaining degree exceeds the costs................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

3BUSINESS
Introduction
The report focuses on the employment prospects for the UK graduates in the labor
market. In today’s world, employment is not secure owing to changing requirements of employer
and changing economy. It is vital for the graduates to build employment skills and professionally
qualified in order to attain employment, retain their position in workplace and improve their
career. The study provides an overview on the employment performance of UK graduates over
the last few years. Recent evidences reflect that there has been steady rise in total number of
graduates in UK over the past few years. It has been seen from few studies that most graduates in
UK are employed in such jobs in which the degree is not needed due to rising number of
graduates in the UK population. The total number of these graduates have increased over the
years as less percentage of UK population are pursuing graduation from top universities. For
instance, one of the top ranked UK universities such as the Russell Group have near about 31%
of graduates holding bachelor’s degree (Abreu, Faggian and McCann 2014) The surveys also
reflect that the graduates from top UK universities are earning more than the graduates from
other UK universities. This study also discusses about the way to improve the employment level
and increase service opportunities for the graduates.
Rate of employed graduates in UK
The graduates refers to the individuals who have completed their education along with
qualifications to A level standards. This involves the individuals with degrees and higher
education. Recent facts highlights that there are near about 12 million graduates in this nation.
Moreover, it has been seen that the non- graduates who are aged between 21 to 30 years have
higher unemployment rates and inactivity rates as compared to the graduates. Almost 40% of the
UK graduates have been working in education, health industry and public administration. Over

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