Survey Reveals Increasing Number of UK Graduates Planning to Work Abroad
One in ten new UK graduates plan to leave country amid ‘worst time in 30 years to leave university’
The Independent
Image: The Independent
A recent survey indicates that 10.2% of UK graduates intend to seek employment overseas, reflecting a significant rise in the past two years. The job market for new graduates in the UK is reported to be at its lowest in 30 years, with only 27% securing jobs for September.
- 0110.2% of new UK graduates plan to leave for better job opportunities, up from 7.8% in 2024.
- 02Only 27% of graduates have secured jobs for September, a decline from previous years.
- 03Graduate vacancies have decreased from 180,000 to 50,000 in the past four years, intensifying competition.
- 04Youth unemployment costs the UK £125 billion annually, with over 1 million young people not in work or education.
- 05Alan Milburn warns of a potential 'lost generation' unless urgent measures are taken.
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According to a recent survey by High Fliers Research, 10.2% of students graduating from UK universities this summer plan to seek job opportunities abroad. This marks a significant increase from 7.8% two years ago, highlighting the challenging job market for new graduates. Martin Birchall, founder of High Fliers, noted that the current job prospects are the worst in 30 years, with only 27% of students having secured employment for September. This figure is a stark decline from previous years, where around 35 to 40% of graduates had jobs lined up. The survey, which included over 15,000 students from 30 universities, revealed that many graduates are actively engaging with employers and participating in career activities. However, the number of graduate roles available has plummeted from 180,000 four years ago to just 50,000 last year, leading to fierce competition. The findings coincide with a report by Alan Milburn, which highlights a youth unemployment crisis costing the UK £125 billion annually, urging for immediate action to prevent a 'lost generation' of young people.
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The declining job market for graduates is leading to increased emigration for better opportunities, impacting the UK workforce.
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