Two Thirds of EU Graduates Still Searching for Full Time Employment

COVENTRY, England, October 8, 2012 /PRNewswire/ --

Majority of graduates believe Thursday's EU Summit on "The State of Europe" will not resolve their difficulties securing employment

According to a survey recently conducted by the research and development team of FindEmployment.com, 93% of European graduates are considering emigration to another country in an effort to enhance their job prospects. In countries where strict austerity measures are being implemented, over 55% of respondents believe the introduced measures have negatively impacted on their ability to obtain work. An overwhelming 80% of graduates express doubt that EU leaders will come up with any meaningful solutions to the ongoing crisis in youth employment when they meet this week. 46% of graduates are now convinced that the best career opportunities lie outside of Europe.

"It's time for EU leaders to work very hard to create opportunities for this generation of graduates and to change such negative public sentiment," said James Weaver, Director of Find Employment Ltd. "We are all aware of the devastating impact the inability to find employment can have on any person, not to mention the effect that mass emigration of professionals has on a country's economic recovery efforts and its future development."

Further findings of the survey indicate:

• Almost three quarters (73%) of respondents feel that having a degree is important or crucial in their job search
• However over half (58%) do not feel confident that they will secure a job related to their qualifications
• 61% are not in full time employment, with 32% still searching for any job, 11% volunteering or interning, and 18% in temporary positions

In figures published Thursday 4^th October by PricewaterhouseCoopers (PwC) on their graduate recruitment for 2012, the firm received a record 35,500 applications for nearly 1,800 places across all student programmes, emphasizing the excessive competition for jobs. Richard Irwin, PwC head of student recruitment, noted, "In terms of recruitment for 2013, we will be recruiting at very similar levels to 2012."

According to Atiyah Wazir Meadows, Online Editor of Eurograduate.com, "In the tough job market it is simply not enough to graduate from a top university or business school. Work experience, additional skills, the ability to network, genuine commitment and determination are attributes, which are sought after by the employers."  She adds, "With budgets, finance and health being topics of importance across Europe, many graduates feel that recruitment is not a priority for EU leaders."

Methodology

The results of the Survey conducted by Find Employment Ltd are based on votes cast by EU residents from 20 September 2012 to 2 October 2012. Only one vote per user was counted in the final tabulation. This survey is not scientific and reflects only the opinions of those Internet users who chose to participate. Detailed survey results are published on the FindEmployment.com website.

About FindEmployment

FindEmployment.com is a premium global recruitment network, which recently released beta version of its recruitment platform. With an emphasis on innovation, quality and customer satisfaction, FindEmployment is designed to streamline and speed up the recruitment procedure. As an interactive and globally accessible network extending over 75 countries, FindEmployment provides the most cost-effective recruitment solutions. FindEmployment offers a variety of resources and services to ensure successful career development to job seekers worldwide. To learn more visit www.findemployment.com  

FindEmployment Contact

Linda Cameron
Tel: +44(0)20-7193-7613
e-mail: linda@findemployment.com