According to Watson (2014) research the unemployment rate in Great Britain was highest in the North East (9.6%) and the South East (76.9%) and lowest was in the South East (4.4%) and in Wales (69.2%). At the rate of 76.9% and 69.2%in South East and Wales it can be highly competitive to gain jobs for graduates. Even if the jobs are not requiring higher educated competences, employers are still asking graduates, graduates accept frequently these positions in the labour market. As to the competitive graduate labour market, undergraduates and graduates students have been undertaking a twelve-month period work ‘placement’. This is a way for undergraduates and graduates to gain skills and a insight in everyday work. Also for undergraduates undertaking a placement it can prepare them to know what it is like when graduating and going into the real world of gaining a job. Graduates can also gain experience by conveying a internship which can last up to three months, this can also appeal to employers as it can mean they have gained the basic skills thats …show more content…
Overall, the labour market has fallen in unemployment by 5.5% according to (Amankwah, et al., 2015) research. Which a fall in unemployment can have a negative impact on the labour market in general. As to graduate labour market it is expected to increase in graduate vacancies, which can be a benefit to labour market as it can lead to graduates being able to secure jobs and a rise in employment. European countries have also have started conducting internships due to low employment rate and exceedingly competitive graduate market. By taking a internship and placement work it can lead graduates to gain experience and develop their team work and interpersonal skills which an employer would look for when hiring a graduate. Yet, effective curricula 's have a close link to the labour market and target jobs with relatively high earnings, strong employment growth and good opportunities for