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Graduates now 'worried' about job prospects

Published: Thursday, 08 January 2009   Category: Graduate Job sector Reports

Graduates are becoming increasingly worried about their prospects of finding work as the economic downturn continues in the UK.

According to the National Union of Students (NUS), finances are not the only major worry for those leaving university and entering full-time permanent employment for the first time, reports the Independent.

Wes Streeter, the president of the NUS, said: "Given the high level of
debt currently being accrued by students because of fees, the news that their job prospects will be diminished owing to the economic downturn will be extremely worrying for those who are prepared to graduate in 2009."

The news provider reported this week that many graduates are modifying their expectations when searching for work, with some applying for roles in sectors they had not previously considered.

Degree–earners who previously desired City jobs in banking are looking to the extra security of the public sector, it has been suggested.

Meanwhile, according to gapyear.com founder Tony Griffiths, the downturn in the recruitment market has led to more graduates taking time out to travel after university, reports the Telegraph.
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