Are graduates the secret to boosting the British economy?

The British media is quick to criticise and slander our graduates. However, there is compelling evidence that suggests that they not only fare better in excelling their own careers, but are also helping to boost the British economy.

The British media is quick to criticise and slander our graduates. However, there is compelling evidence that suggests that they not only fare better in excelling their own careers, but are also helping to boost the British economy.

This year, 256,350 graduates were surveyed by the DLHE on their progress. The results revealed the following:

  • 70% of graduates are now employed
  • only 7.3% are unemployed
  • 5.6% are working and studying
  • 12.6% continued with full-time further education

A stark contrast to the doom and gloom we normally hear about!

What does this mean for the economy?

Group of young graduates with mortar boardsThe positive impact graduates have on our economy is often a fact that’s overlooked, along with the significant knock on effect for future generations.

In the future, they’ll be able to provide benefits to their children such as actively helping with homework, reading to them and attending parent evenings. All of these small details will help to secure the future positive growth on the economy. It has also been suggested that criminal activity is lower in academics, and that they are regarded more influential amongst the local community. Higher wages mean they are also more able to participate in voluntary work, and are said to have a positive attitude towards diversity and equal opportunities.

It’s an undeniable fact that the number of Graduates is rapidly rising and helping the UK to claim title of a Graduate Economy. Looking to the future, the rise of our graduates can only be positive. They are more likely to adapt to technologies and innovations and even contribute. Bearing this in mind, will it be down to our Graduates to push British innovation and economy forward?

Are you a recent graduate looking to kickstart your career? Get in touch with our graduate team to discuss your requirements, or take a look at a selection of our current vacancies here.

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