"A strong work ethic is the number one skill graduates are lacking, according to global recruiters. This is followed by other soft skills including communication, decision making and accountability. These interpersonal skills are becoming increasingly more important, with 78% saying they prioritise graduates with strong soft skills over academic accolades and technical skills."
"71% of recruiters also believe that traditional university education does not adequately prepare candidates to thrive in a professional environment, which is leading graduates to fail not because of grades, but because of a disconnect between their theoretical skills and real-world ability. Universities failing to properly prepare their students are directly causing graduates to miss out on jobs, with one in five recruiters saying they have rejected them because of these skills gaps."
"This, alongside extreme competition for graduate roles and economic shifts, has led to a saturated market and those who have recently left university struggling more than ever. A report from Jisc showed that graduate unemployment rates rose from 5.6% to 6.2% between 2021/22 and 2022/23, in addition to full-time employment falling from 59% to 56.4%."
Graduates commonly lack a strong work ethic, along with communication, decision-making and accountability skills. Recruiters prioritise soft skills and practical, on-the-job experience over academic accolades and technical ability. Seventy-eight percent prioritise soft skills, and 79% prioritise candidates with practical experience. Seventy-one percent of recruiters believe traditional university education does not adequately prepare candidates for professional environments, creating a disconnect between theoretical knowledge and real-world ability. One in five recruiters have rejected graduates due to skills gaps. Graduate unemployment rose and full-time employment fell, while probation periods and market saturation have increased challenges for new graduates.
Read at London Business News | Londonlovesbusiness.com
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