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The Graduate Employment Report highlights the increasing competition in the job market for graduates, emphasizing the importance of employability skills alongside academic qualifications. A significant skills gap exists, particularly in soft skills and digital proficiency, which employers seek in candidates. Future job growth is projected in business and IT sectors, while traditional roles in manufacturing and administration are expected to decline, underscoring the need for graduates to develop transferable skills and digital competencies.

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Usha Perumal
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0% found this document useful (0 votes)
8 views3 pages

Task

The Graduate Employment Report highlights the increasing competition in the job market for graduates, emphasizing the importance of employability skills alongside academic qualifications. A significant skills gap exists, particularly in soft skills and digital proficiency, which employers seek in candidates. Future job growth is projected in business and IT sectors, while traditional roles in manufacturing and administration are expected to decline, underscoring the need for graduates to develop transferable skills and digital competencies.

Uploaded by

Usha Perumal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Graduate Employment Report


Edited by: Ching Khai Guan
Graduate recruitment has increased in recent years but the job market still remains highly competitive. At least 350,000 graduates leave university
each year looking for work with a large number of applicants competing for each job vacancy. In the current climate, having a good degree in a
relevant subject is not always enough. It may help to get you shortlisted but an offer of employment will depend on the additional skills offered to
complement any academic achievements. Employability skills are becoming increasingly important to employers who shortlist a growing number of
similarly qualified applicants for the same job.

The Skills Gap Employability Skills


A skills gap threatens the sustainability of businesses around the Those leaving the education system often lack the skills that
world. Whilst a large part of the skills gap is focused on shortages of employers are looking for. A fall in vocational training and a rise in
people skilled in the science, technology, engineering and graduate degree training have led to graduates having higher
mathematics (STEM) subjects, there is also a gap in ‘soft skills’ such qualifications but fewer workplace skills - they know more but can do
as problem solving, team working and communication. In a recent less.
employment and skills survey employers identified the following skills
Graduate employers across all industries want more than just
as being in short supply:
academic qualifications. They want graduates who can demonstrate
a wide range of skills, attributes and knowledge, often called
Types of skill in short supply ‘employability skills’. The most valued skills are:
48%
43%
38%  COMMUNICATION
33%
28%
 TEAM WORKING
23%  LEADERSHIP
18%
13%  INITIATIVE
8%
3%  PROBLEM-SOLVING
-2%  FLEXIBILITY
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 ENTHUSIASM
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Graduates should take steps to improve their employability skills


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before leaving university. Skills development programmes will bridge


ca

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the gap between education and employment by providing career


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development activities, work experience and volunteering


W

Ching Khia Guan, MY422, 9015


2 31198

opportunities. These will equip students with the skills required for As ambassadors, students get involved in a range of challenging and
work and increase their value in the job market. rewarding placements and projects including open days, taster days,
student shadowing, marketing events, and higher education fairs.
Volunteering Projects Student ambassadors receive training to support them in their
outreach and recruitment roles. The scheme provides work and
Many employers favour applicants with voluntary training opportunities which help to build confidence, encourage
work experience. The range of employability skills personal development and develop transferable employability skills
that can be gained is extensive including leadership, in preparation for future employment.
problem-solving, teamwork, initiative and self-
awareness. Virtually every paid job can be mirrored Internships
by a volunteering opportunity and so can also give direction and
focus to choosing a career. Everyone agrees that work placements and internships make a huge
difference to employability skills. Graduate internships and work
Being a volunteer brings value to the local community and develops
placement opportunities offer relevant work experience and are an
skills at the same time. It also provides the opportunity to meet new
increasingly popular way of launching a career. Working as an intern
professionals, gain new skills, network and develop relationships that
in a firm is a great way of making valuable contacts in a chosen
might become crucial in future career development. Some
profession.
volunteering placements offer accredited training such as first aid,
child protection and mental health awareness training. Research suggests that the key to securing a top role is to undertake
work placements at the company in question. A third of graduate
Peer Mentoring vacancies are filled by applicants who have already worked for the
organisation during their degree course, either through paid
Peer mentoring is all about students supporting each other. It is a internships, industrial placements or holiday work. For employers,
voluntary scheme which was designed to help new students in their work experience schemes have become an integral part of recruiting
first year of study but is also available to continuing students who new graduates. Many use this as a way to try out graduates before
feel they could benefit from peer support. Mentoring provides the offering them a permanent position. Graduates who have had no
opportunity of developing transferable skills, meeting new people previous work experience have very little chance of receiving a job
and gaining valuable experience. offer on a graduate programme.
Student Ambassadors Digital Skills
This scheme recruits students to represent the university at on-
campus events as well as in local schools, colleges and the A worker with inadequate digital skills wastes
community. The aim of the scheme is to raise aspirations and up to 21% of total productivity time and an
encourage people from a variety of backgrounds to consider average office worker is estimated to waste
progression to higher education. Student Ambassadors provide a an hour a day through poor computer
role model to learners and a unique perspective on life as a student knowledge.
which can engage and inspire.

Ching Khia Guan, MY422, 9015


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According to top employers graduates are missing out on jobs


because their grasp of digital technology is not strong enough.
Digital skills and knowing how to use basic productivity software
such as word processing software and spreadsheets are baseline
requirements in nearly 80 percent of all middle-skill job openings and
are critical to earning a living wage these days. Jobs that require
digital skills are growing at a much faster rate than other jobs.

Future Projections
A career for life is no longer an option. Most people will hold jobs
with a variety of employers and move across different employment
sectors through their working life. Transferable and employability
skills are essential in career development.
Research has shown a changing jobs market, with employers saying
they need to recruit more skilled staff, while cutting the number of
low-skilled jobs. This is good news for those graduating from
university. Business and the IT sector are expected to see the
strongest rates of job growth in the next 10 years. Manufacturing,
education and public administration jobs will continue to decline, as
will administrative and secretarial occupations which will see the
largest decline with 390,000 fewer jobs. The construction, health and
social care sectors are expected to see strong growth, as will leisure
and other service sectors which are expected to contribute over
400,000 additional jobs.
As we move to a digital economy, digital skills are becoming more
and more important for students to master. By 2020 it is predicted
that digital skills will be required by 90% of all jobs across all work
sectors and there will be up to 900,000 unfilled IT vacancies.

Ching Khia Guan, MY422, 9015

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