Graduate Brexit fears double

 

New research from Magnet.me suggests that graduates are more fearful than ever about the impact of Brexit.

Students graduating in 2017 were asked about their views on job prospects, Brexit and the 2017 General Election.

With a third flagging Brexit as their greatest concern in finding a job in January, and two thirds citing it in the latest poll, Brexit fears have doubled in the minds of graduates since the start of 2017.

At this point in the year, the research also reveals that only one in nine has a job secured, and, in terms of the General Election, students fear that a Conservative landslide is a threat to their job hunt. 7 out of 10 felt they would be more optimistic if the Labour party came into power. 

A third are also confident and optimistic that promises of abolishing tuition fees will be realised, while more than half are unsure if Labour or the Greens would actually deliver on this issue.

And while the issue of immigration has dominated the Brexit debate, more than half of those surveyed are indifferent to how any curbs on immigration will impact on their employment hopes. Just 1 in 20 were confident that tighter immigration rules would make it more likely for them to get a job. 

More than half of those who expect to graduate this year have little or no idea of what they will do in the next 6 months, with most at least ‘considering’ or at best ‘very likely’ to join the gig economy.

Just a fifth committed to knowing exactly what they would be doing, with almost 60% of those entering working life.

Vincent Karremans, founder of Magnet.me, commented “At the start of the year, two-thirds of students were optimistic about getting a job this year. 6 months later more than half have lost hope. The growing uncertainty around handling Brexit negotiations and the potential outcomes of the general election has clearly compounded job fears for graduates entering the workforce.

“Political parties and companies alike are not doing enough to allay the fears of the next batch of graduates. Electioneering encompasses a wide range of issues and it seems students, despite their doubts about abolition of tuition fees becoming a reality, are favouring a Labour government when it comes securing employment.”

Wednesday, 31 May 2017

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Graduate Brexit fears double