The impact of Brexit on the job market is a serious cause for concern with statistics showing that there has already been a decline in the number of EU graduates choosing to apply for roles in the UK, however, the impact of Brexit on UK graduates is also proving worrying for employers and the UK economy. Comment James Uffindell, founder and CEO of Bright Network.
Young people with degrees from the best universities in Britain are worried about the effect that Brexit will have on their career prospects. Of those surveyed only 6% of undergraduates are more confident about their career prospects following Brexit with 32% extremely concerned about their futures.
That’s according to Bright Network’s recently conducted survey which revealed that The uncertainty of Brexit will have on the UK is one of the biggest challenges facing employers and graduates. In order to grow the economy and in the face of the decrease of EU nationals applying to the UK businesses, the country needs to retain highly skilled graduates who are becoming increasingly likely to seek employment abroad.’
We are at risk of phenomenal talent drain, leading to a serious skills shortage. Employers need to take steps to ensure that they make themselves more attractive to UK graduates by providing flexible working and helping staff to achieve a work-life balance, working with schools and universities to show what opportunities they can offer young people and investing in staff training. Only by working to engage better with graduates and young people can companies ensure they employ and engage with skilled staff in the post-Brexit landscape.