Job market faces graduate take-over

MORE JOBS will become the exclusive preserve of graduates over the next 10 years as they spill on to the labour market in rapidly rising numbers, according to a report out today by the Institute of Manpower Research.

The researchers say that the time when most graduates were soaked up by 'blue chip' companies is over: 'Gone are the days when around 100 employers recruited approximately one- third of the graduate output in any one year.'

Smaller and medium-size companies, 'traditionally sceptical of the worth of graduates', are now looking for degree-level applicants to fill jobs which would previously have gone to school- leavers. Professions such as accountancy, law and personnel management, which used to be open to non-graduates, are now closed to them. Similarly, other areas will become all-graduate.

Around 50 per cent of employers still do not set out to recruit newly-graduating students - but they soon will, the report suggests.

The annual 'milk round' of big employers will take an ever smaller share of students emerging from university.

The researchers also say that demand for higher education will go on rising because more parents - particularly mothers - have degrees themselves. In the early 1980s, one in eight young people entered higher education; that has now risen to one in five and will reach one in three by the year 2000. Researchers have recently found that young people whose parents went to college or university are much more likely to want higher education themselves - regardless of social class.

The number of entrants to higher education doubled between 1962 and 1969 - the last big period of expansion. Those students were, on average, bearing children between 1970 and 1978. So even though fewer children were born during those years, a much larger proportion were born to graduate parents. Those children started to reach university age in the early 1990s.

The increased number of graduate parents is causing 'a cultural revolution' in young people's attitudes towards the benefits of continuing education. The researchers say that this partly explains some of the recent improvement in GCSE and A- level results, and why those who thought student loans and reduced benefits would slow student demand have been proved wrong.

The IMS Graduate Review 1992, IMS, Mantell Building, University of Sussex, Falmer, Brighton BN1 9RF, pounds 30 plus pounds 1.75 p & p.

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksNow available in paperback
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Savvy Media Ltd: Media Sales executive - Crawley

£25k + commission + benefits: Savvy Media Ltd: Find a job you love and never h...

Austen Lloyd: Corporate Solicitor NQ+ Oxford

Excellent Salary: Austen Lloyd: CORPORATE - Corporate Solicitor NQ+ An excelle...

Reach Volunteering: Financial Trustee and Company Secretary

Voluntary Only - Expenses Reimbursed: Reach Volunteering: A trustee (company d...

Recruitment Genius: Senior Project Manager

£45000 - £65000 per annum: Recruitment Genius: This is a fantastic opportunity...

Day In a Page

In a world of Saudi bullying, right-wing Israeli ministers and the twilight of Obama, Iran is looking like a possible policeman of the Gulf

Iran is shifting from pariah to possible future policeman of the Gulf

Robert Fisk on our crisis with Iran
The young are the new poor: A third of young people pushed into poverty

The young are the new poor

Sharp increase in the number of under-25s living in poverty
Greens on the march: ‘We could be on the edge of something very big’

Greens on the march

‘We could be on the edge of something very big’
Revealed: the case against Bill Cosby - through the stories of his accusers

Revealed: the case against Bill Cosby

Through the stories of his accusers
Why are words like 'mongol' and 'mongoloid' still bandied about as insults?

The Meaning of Mongol

Why are the words 'mongol' and 'mongoloid' still bandied about as insults?
Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible