GraduateJobs News & Analysis
3 articles
Market Mood
Over 10% of UK Grads Plan to Move Abroad, Up from 7.8% Two Years Ago
More than one in 10 university students in the UK plan to move abroad after graduation, an increase from 7.8% two years ago, according to a survey of 15,000 final-year students. This trend coincides with record competition for graduate jobs in the UK, where employers receive an average of 140 applications per graduate vacancy, a 14% increase from 2025 and up from 30 applications 20 years ago, as reported by the Institute of Student Employers (ISE). Australia remains the most popular destination for British graduates moving overseas. Its appeal includes favorable weather, English language use, and visa policies like the Working Holiday Maker programme, allowing British passport holders aged 18 to 35 to stay for up to three years. Rachel James, a Loughborough University graduate, moved to Sydney and now earns a lower salary (£37,000) compared to her previous UK salary (£42,000) but enjoys a similar rental cost and a lifestyle focused on outdoor activities. The demographic most likely to emigrate are British nationals aged 16 to 34, with 75,000 more leaving the UK than arriving in this group in 2025. The US is the second most popular destination after Australia. This rising graduate emigration matters because it reflects challenges in the UK job market and shifts potential future workforce composition, potentially affecting talent availability and economic growth.
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Textile Graduates Face Job Struggles Amid Skills Shortage
Textile graduates are facing challenges in securing roles, even as there are skills shortages in the industry. Reports indicate that despite the demand for skilled workers, many graduates are having difficulty finding employment opportunities. This situation raises concerns about the alignment between education and industry needs. For ordinary investors, this matter may influence the job market dynamics and investment in educational institutions related to textile engineering.
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PwC CEO Affirms Value of Degrees Amid Reduced Graduate Intake
PwC's UK Chief, Marco Amitrano, emphasized the significance of obtaining a degree despite a reduction in graduate recruitment last year. This statement comes as a response to the evolving employment landscape, where many firms are reassessing their hiring strategies amid economic uncertainties. The emphasis on education could influence job market dynamics, particularly for recent graduates seeking opportunities in consulting. The ongoing demand for skilled professionals may sustain interest in higher education even as companies adapt their workforce needs.
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