Only one in nine 2017 graduates have a job secured and are becoming more anxious over Brexit fears, finds a survey conducted by a graduate recruitment web-site. It seems that, among students worrying about finding a job, Labour is preferred over the Conservatives.
It is odd, if you had gone to university 30 or so years ago, having pretty radical left-wing views was almost obligatory. Of course, there was the ‘Young Tories,’ but this was the era when being a student and being political were practically the same thing. Many of those same peace loving, establishment loathing, punk rock supporting radicals, are now very much a part of the establishment, and will no doubt vote Tory.
They used to say that if you haven’t voted Labour by the time you are 21 there is something wrong with your heart, and if you haven’t voted Conservative by the time you were 50 there is something wrong with your head.
It was just a saying of course, not really true. But one thing is for sure, it is not like that now.
So it is odd when a survey finds that students think they are more likely to find a job if labour wins the election. In a different era, this would have been a no story, today it feels quite significant.
The survey, produced by Magnet.me, a website which connects students with graduate employers, had 8,231 respondents. It found that seven out 10 (71. 4 per cent) felt that they would be more optimistic about securing a job in 2017 if the Labour party came into power. Only 16.1 per cent polled felt a Conservative party government would be an encouraging sign for their job prospects.
The survey also found that only a fifth (19.3 per cent) of students indicated they know exactly what they will be doing in the coming months, with most (59.7 per cent) entering working life.
More than half (54.4 per cent) of respondents expect to graduate this year have little to no idea of what they will be doing in in the next 6 months, with the majority (57.1 per cent) ‘considering’ or ‘very likely’ to join the gig economy.
Brexit fears have doubled in the minds of 2017 graduates since the start of year. When polled in January a third (35.5 per cent) flagged Brexit as the greatest concern in securing employment, this is now up to almost two-thirds (64.9 per cent).
The issue of immigration has dominated the Brexit debate, but the majority of 2017 graduates (53.6 per cent) remain indifferent to any curbs in immigration on their hopes of securing employment. Only 1 in 20 (5.4 per cent) were confident that they were more likely to get a job with tighter immigration rules.
Over a third of students (37.5 per cent) polled were confident and optimistic that manifesto pledges (Labour and Green Party) to remove tuition fees would become a reality. The vast majority (53.6 per cent) felt it was uncertain and unsure either Labour of the Greens would actually deliver on this pledge.
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 have 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 student, despite their doubts about abolition of tuition fees becoming a reality, are favouring a Labour government when it comes securing employment”