UK Graduates Migrating to Foreign Fields
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Though the UK economy is yet to return to pre-crash strength, it is undoubtedly looking healthier as unemployment falls and the job market for graduates begins to expand once more. According to the Association of Graduate Recruiters, employers are expected to recruit more graduates this year than they have done since before 2007. Last year graduate job vacancies rose by 10.2% and are expected to rise by over 10% this year. Though an increase in public sector jobs is predicted, the majority of these vacancies are to be found in industries such as IT, telecommunications, energy and banking. President of the National Union of Students Toni Pearce cautioned against premature celebration saying that despite these positive figures there is still an ‘endemic problem of youth unemployment’ in the UK. ‘Graduates will always survive better than non-graduates, who are in fact twice as likely to be unemployed, according to NUS research,’ she added. University Minister David Willets said the rise in graduate job vacancies shows confidence in the British economy and what British graduates have to offer, saying: ‘A degree is still one of the best routes to a good job and a rewarding career.’ Across the Channel Despite the job market revival, seeking work abroad remains popular after having hit unprecedented heights in the darkest years of the recession. Even if the opportunity for graduate-level jobs isn’t significantly higher for British graduates abroad than in the UK, the prospect of waiting tables or working on construction sites in a foreign country offers experience and adventure that isn’t to be found at home. With freedom of movement across the EU, many British graduates have joined the throngs travelling up from southern Europe to Germany, acclaimed powerhouse of the continent and relatively un-buffeted by the economic storm.
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