Essay: Examining the Current Graduate Job Market Trends and Issues

This essay provides an analysis of the current graduate job market, with a specific focus on the retail industry, using Tesco as a case study. It explores trends in employment, wages, and the impact of technological advancements and new strategies on both employers and candidates. The essay delves into recruitment and selection procedures, highlighting issues of discrimination and the emphasis on internal processes. It also examines the growth of employment and wages, including the impact of Brexit on employment law, working conditions, and the overall job market in the UK. The conclusion summarizes the key findings, emphasizing the challenges and changes affecting the current job market for graduates.

CURRENT
GRADUATE JOB
MARKET

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Essay on current job of market. .................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................4

INTRODUCTION
The current trend of job market impacts over economies, societies and all have direct
impact on HR profession in term to have development in economy (Livingstone, 2018.). The
present study is based in the determining the current job market for graduates in retail industry as
Tecso and in this report the following thins are to be covered as issues and trends in the growth
of employment and wages and possible difference in employee potential of specific industries
and products.
MAIN BODY
Essay on current job of market.
The Tesco is one of the largest retailing industry in UK. Thus, advancement in
technology and adoption of the new strategies with different priorities will work as to bring
changes in employer and candidate (Keynes, 2018). It is one of largest private sector employers
that works as to operate more than 13 countries all over the world.
The current issues and trend in the Tesco is relates with the recruitment and selection
procedure of the firm and Tesco is largely depends over internal procedure and this firm is also
taking initiatives in order to bring development in talent enhancement program to improve skills
of employees in terms to get the promotions. Therefore, discrimination can be seen in current
trend and entity is more inclined towards the people of the UK. There was things as race, culture,
religion and belief all are became the major barrier in the selection process. However, it affects
the working of the enterprise in the huge context.
There are also issues in relation to the growth of employment and wages. The study was
examines in the current rends in the wages and measure of labour market distortions. The UK
largest super-chain market has the lowest amount of pay rate in the market (Panagopoulos and
et.al., 2018). However, this indicate has also committed to enhance wage increase up to 2020.
The current generation in the UK was facing many issues in order to get the good job in better
salary. The number of the firms are relation over the machine learning so that many of he job has
been lost. There are the number of the possible advantage and disadvantage to work in the retail
industry that it provides the varied and challenging work and also provide chance to enhance the
valuable skill. In addition to this, it can be said that retail is the country largest industry and it is
also working as the largest private sector employer. In the retail sector like the Tesco, there are
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number of the job roles in the international company like Tesco. Thus, the major beneficial
aspect is that is provides the flexible working hours facility to the employees. In this industry
there are high amount of the work and employees provides the lower amount of the money and
this are impacting the working condition of the employees (Crowley, 2018). Working in the
retail sector is demand the more amount of hours to complete the job role.
Due the Brexit, there was significant impact in term as to the current employment issues such as
Brexit. This is defined in the following context as-
Key right Potential impact of Brexit
Unfair dismissal UK based right does not from the European
laws so it does not have direct impact.
Industrial action In this the detailed provision about the strike
options and this are purely UK based.
Working time The UK law has the provision of working for
the 48 hours in the week and in future the legal
authorities will work as to keen to remove this
limit altogether. This kind of the things affects
the working of the enterprise in the huge
context.
In addition to this, it can be said that the apart of the union laws from the UK has brought nuber
of the changes in laws and legislation of the UK. Thus, working, selection and hiring procedure
of the candidates has also changed. The competition has been increased and the each employer
wishes to hire the skilled employees so that they are able top undertaken the job activities
effectively (Brexit: The implications for employment law, 2018). In addition to this, it can be said
that the working time and paid holidays, agency workers and health and safety all things are to
be considered effectively.
CONCLUSION
Based on the above report it can be concluded that current job condition in the UK
market has been affected in the huge context. In this report, the business activities is based on
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Tesco. In this, issues and trend are discussed that has impacted the job condition in the United
Kingdom.
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REFERENCES
Books and Journals
Livingstone, D.W., 2018. The Education-Jobs Gap: Underemployment Or Economic
Democracy?. Routledge.
Keynes, J.M., 2018. The general theory of employment, interest, and money. Springer.
Panagopoulos and et.al., 2018. Boosting sales force morale in highly dynamic, complex
markets: The role of job resources. Industrial Marketing Management.
Crowley, M.A., 2018. Understanding the challenges to the world trading system: A review
essay. International Finance. 21(1). pp.92-98.
ONLINE
Brexit: The implications for employment law. 2018. [online] Available
through:<https://brodies.com/news/brexit-what-happens-next/brexit-the-implications-for-
employment-law>.
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