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Graduates 'concerned about recession'

Published: Thursday, 17 April 2008   Category: Graduate Job sector Reports

Many students due to graduate this year are concerned about the effects of a recession on their job prospects, according to new research.

A survey of 306 UK students by consultants Accenture revealed that 59 per cent of respondents feared problems in the economy could result in less jobs being available after graduation.

While more than two thirds said they had yet to find a job, just 17 per cent said they would compromise their personal job requirements.

Factors which those surveyed stated were important to them in a new job included salary, challenging work, workplace camaraderie, training and flexible hours.

Commenting on the findings, Peter Cheese, managing director of Accenture's talent and organisation performance practice, said: "Generation Y is entering the workforce with strong values and demands that employers haven't had to address with previous generations.

"To be relevant to these jobseekers, employers must find ways to satisfy their needs for balance, fun, mentoring and opportunities to grow and be challenged."


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