Nobody downloaded yet

The Labour Market of the UK - Term Paper Example

Comments (0)
Summary
The paper presents the situation of the labor market of the UK that is still suffering from the after-effects of the global financial meltdown. Although the corporate sector is growing all over the world, the job market has changed in terms of demand and recruitments processes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
The Labour Market of the UK
Read TextPreview

Extract of sample "The Labour Market of the UK"

Download file to see previous pages Observing the actions taken by the regulatory bodies and the Government of the UK, it can be observed that, over-education is a long term phenomenon and is hampering the work enthusiasm of the graduates. Moreover, the educational systems are also changing and focusing on designing courses that are suited more professionally, rather than the traditional learning style (Walker and Zhu, 2005). One of the major issues in the contemporary job market scenario is over-education of the candidates and the jobs being offered. This is reducing the potential limits of the students and is also hampering their future prospects. This study is based on evaluating the influence of graduate workers in the UK.
Majority of the scholars such as Walker and Zhu (2005) and Buchel, de Grip and Mertens (2003) have pointed out that, the primary factor behind the increase of over-education is the limited numbers of suitable candidates available in the job market. However, Dolton and Vignoles (2000) observed that the changes in the operational style of the corporate segment have also caused a rise in the number of over-educated employees. Most of the large scale business houses have segregated their work process into small and specific parts. This has limited the amount of skill required for employment and also reduced the scope of growth. Hence, the educational qualifications of the employees are often, more than their existing job profile. On the other hand, the limited number of jobs in the industry is also forcing the graduate candidates to work at lower level employment criteria adding to the factor of over-education among the graduates. Budria and Moro-Egido (2009) opined that the overall increase in the cost of living has resulted in an increase in the numbers of graduates or students taking up part-time jobs to meet their expenses. Considering the economic influence Dolton and Silles (2001) stated that, in the UK, retail and banking sector is among the highest recruiters which leave little option for the graduate students to follow their desired job profile. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Labour Market of the UK

The Labour Market Sector UK

...?Running head:  Marketing Intelligence Report Insert        Insert Grade Insert 12 January Marketing Intelligence Report The Labour Market Sector UK Introduction The demand for labor in the United Kingdom is influenced by the availability of skills, expertise, and knowledge in the country. Different types of labor are required in the country to meet the demand of labour in various sectors. According to HRM in context (N.d, p90), a labour market can be described as a mechanism through which labour is purchased and sold as a commodity. Labor demand is the number and types of jobs available...
14 Pages(3500 words)Essay

Exploring the Impacts of Migration on UK Labour Market

...- Exploring the Impacts of Migration on UK Labour Market - Table of Contents Table of Contents 1 Introduction 2 2. Theoretical Review 7 Data Analysis 41 Discussion of Results 42 Conclusion 45 Answers to Research Questions 47 Recomendations 48 Unemployment 48 Salary 50 Bibliography 54 Introduction One of the main trends of development of modern society is globalization. One of the strongest trends in the modern world is globalization. The process of globalization has led to creation of united and single world, where national and other barriers do not play significant role anymore. It is more reasonable to talk about one world, rather than about the different countries. We are living in...
45 Pages(11250 words)Dissertation

How similar are the experiences of minority ethnic groups in the UK labour market Give evidence for your answer

...?Similarity between the experiences of minority ethnic groups in the UK labour market Around 90% of UK population consist of whites (British) and theremaining 10% of population constitute to the minority ethnic groups in which the major minority ethnic groups are Black Africans, Black Caribbeans, Indians, Pakistanis, Bangladeshis and Chinese. However, very negligible number belongs to Hispanic and other minority ethnic groups. Three decades ago, the British majority was in higher numbers and thus dominated the labour market of UK. This dominance created a major class difference between the whites and minority ethnic groups especially in terms of obtaining employment. Whites always had good percentage of people having better jobs... as...
5 Pages(1250 words)Essay

Graduate Labour Market in UK

...?Graduate Labour Market in UK Executive Summary: In this global scenario where technology rules the different aspects of life, the trends have changed, be it in terms of employability or the job itself. It can be seen that the present labour market with regard to graduates finds a high demand for graduates that have studied abroad and have exposure to the international environment. Businesses now look forward to mostly these graduates who have a wide array of skill sets when compared to other graduates who have only studied in the home country. This is mainly because the former has a significant competitive advantage over the latter due to their language...
7 Pages(1750 words)Research Paper

Minimum Wages in the UK Labour Market

...Running Head: Minimum wages in the UK labour market Minimum Wages in the UK Labour Market appears here] of appears here] Minimum Wages in the UK Labour Market The majority of the research and literature that has been produced about the National Minimum Wage (NMW) and that I will be focusing on, mainly centres around the one main argument and debate that is to what extent and benefit does the NMW have on employment and unemployment Many of the Journals and articles that I will be reviewing offer differing opinions on this subject matter, with many believing that the NMW does...
5 Pages(1250 words)Essay

Women in UK Labour Market

...Running Head: WOMEN IN UK LABOUR MARKET Women in UK Labour Market [The [The of the Women in UK Labour Market Introduction The position of women is often considered to have improved during the last few decades. There is, however, considerable debate as to the extent of change and the reasons for it. This essay will look at how women's lives have changed in terms of employment, pay, education, household, sexuality and the state. The most important changes for women are in education, but that the basic pattern of inequality remains in most aspects of the social structure, from paid work to the household divisions of labour, from sexuality to violence. The most important and enduring consequence of industrialization for women has been... , this...
6 Pages(1500 words)Essay

Impacts of Immigrants to UK and UK Immigration Policy on its Labour Market

... Impacts of Immigrants to UK and UK Immigration Policy on its Labour Market Introduction International migration is not a recent phenomenon, but a social phenomenon that has prevailed throughout the history of humanity. In the contemporary world, international migration has grown to be a major factor that influences the intricate space-time dynamics in the global and national socioeconomic systems (Zorlu and Hartog 2005; Venturini and Villosio, 2006). Numerous nations are progressively being affected by international migration. According to OECD, (2009) the countries that host the immigrants and the countries where the immigrants move from are both greatly affected by...
7 Pages(1750 words)Essay

Over-education In the Ggaduate Labour Market Case Study Of UK Market

...OVER-EDUCATION IN THE GRADUATE LABOUR MARKET – CASE STUDY OF UK MARKET Executive Summary Over the last 25 years, there has been a rapid expansion in the UK job market with a significant increase in the numbers of graduates. Recent research has shown that there are considerable proportions of graduates who have attained more education than what is actually required to do, for the particular job. At the same time, employer also complains that there is a shortage of high skilled labour. This has raised the concern about the value of education, whether it implies positive utilization of the educational investment and...
7 Pages(1750 words)Essay

Over-education in the graduate labour market in the UK

.... Judge T., T. C. (2001). The job satisfaction--job performance relationship: A qualitative and quantitative review. Psychological Bulletin, 127(3, 376. Lucifora, C. C. (2004). Education, training and labour market outcomes in Europe. New York: Palgrave Macmillan. Meager N., &. d. (2007). Recent developments in active labor market policies in the UK: The shifting focus from unemployment to inactivity. The Evaluation Of Active Labour Market Policies, Measures, Public-Private Partnerships And Benchmarking, 117--146. Quintini, G. N. (2002). The recent performance of the UK labour market....
7 Pages(1750 words)Coursework

The Representation of Ethnic Minorities in the UK Labour Market

...Under representation of ethnic minorities in the UK labour market Introduction Most people go to foreign countries in search of a home and a place towork. While the trend a few decades ago was to work in a foreign country, earn money and then return home, the new trend is to try and live in an alien country and become part of the new culture. The urge to live in a foreign country may be encouraged by better economic facilities available to the immigrants and their families. However, it is often seen that ethnic minorities are not evenly represented in the country. This can be due to many reasons such as negative stereotypes, prejudice, and other social and cultural factors. In many...
16 Pages(4000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic The Labour Market of the UK for FREE!

Contact Us