Employers are taking fewer risks on unskilled graduates despite high unemployment

Companies which are still recovering from the recession are less inclined to take on graduates through graduate recruitment schemes because of the risk of having an unskilled workforce.

Companies are finding it harder to find technical skills, and any current employed graduates are staying put in their current roles to have job security. The survey by the Chartered Institute of Personnel Development (CIPD) surveyed 626 employers, and found that one third of employers admitted they have lost potential recruiters because of their lengthy hiring process.

Employers are currently being picky about who they take and with demand the best job applicants and ignore those who just need experience and training because it is too risky.

The graduates provided are unskilled and do not provide what the industry needs, there are major skills gaps in technical roles which weren’t noticed during the recession but now the job market is improving the skills gaps are becoming more apparent.

Half of the respondents also stated that Britain’s graduates are stereotyped, believing that they are often late, or don’t turn up at all. They also fail to communicate properly and are often dressed inappropriately. The results of the survey are bleak for graduates, when many more students are set to graduate in July, there will be an influx of further graduates that will be unemployed and won’t get the experience to gain the necessary work skills that many employers are looking for in their graduate jobs.

Source: Pareto.co.uk, Tuesday 21st June 2011