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Graduate Labour Market in UK - Research Paper Example

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 This research paper analyses the present labor market with regard to graduates finds a high demand for graduates that have studied abroad and have exposure to the international environment. Businesses look forward to mostly these graduates who have a wide array of skill sets…
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Graduate Labour Market in UK
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Download file to see previous pages Therefore, the studying abroad presents the graduates with a lot of employability options which is not available to the other group, thus this shows that studying abroad for at least one semester proves to be a better choice than spending the whole university career in the domestic country. However, on the other hand, there may arise some disadvantage too, that is, when exposed to another culture, the graduate may imbibe some qualities from that culture and when those aspects might not always be understood by the native employer. Despite this shortcoming, it is still seen that employers seek graduates with an international perspective, and prefer those who have studied abroad. Introduction: England, right from the early stages of human civilization, has been blessed with a lot of facilities that other parts of the world have not been. The country, with all its power, has spread its civilization and language across the globe, albeit through colonizing several parts of the world. However, a fact remains that even in modern times English education qualifies a person with the prospect of employment in every part of the world. On the other hand, with the advent of technology relating to various fields, the concept of qualification for getting employed has changed drastically. Where earlier employment has remained focused more on primary and secondary sectors, the past few years have witnessed a transition where most significance is accorded to tertiary or the service sector. This means that notions about employability have changed in the modern day and so have the concepts about the skill sets required for attaining employability. After the phenomenon of globalization has blurred geographical boundaries and the integration of cultures occurred, the concept of employability took a new turn. In addition, the multifaceted developments in the fields of “economic, political, technological and social spheres” have modified the “composition of labor supply and the types of labor required by contemporary firms” (Chapter 4 n.d. 90). On the other hand, recent years have seen “rapid expansion of higher ‘tertiary-level’ education” globally (CentrePiece 2007: 7). Therefore, this in itself points to the relation between development and employability, that is, the more technologically advanced the world becomes, the more it calls for the highly skilled workforce to use this technology. With the advancement of technology, quality education has become available to all nations across the world and even third world countries became capable of accessing education at relatively cheaper rates. Thus, in an environment, where access to education has become viable for everyone, the monopoly in quality education became irrelevant. More importantly, so far the service industry is concerned, several norms changed to make it compatible with consumers hailing from a variety of backgrounds. In a situation, where tourists and businessmen from a variety of racial and cultural backgrounds visit England, the employees in an English firm needed to modulate their services to accommodate their expectations.   ...Download file to see next pagesRead More
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