Education is the stepping stone to success and the UK proved to be the second most popular destination for higher studies. The country has so many reputed education institutions to its name and provides quality education on various courses. One of the great advantages of studying in the UK is that international students are welcomed and become a part of the country's lively culture, and universities ensure that students feel comfortable and settled in their new surroundings. Its popularity is also due to its one-year master course which costs less than the two-year courses provided in the USA.
The Post Study Visa which was reintroduced for graduates in 2020/21 had bought a significant increase in its student population from across the world. It had increased the competition in getting a job after studies. It is also said that 2.3 million graduates are chasing every other job. According to reports, only 7% of international students have been employed by UK companies. Career help provided by universities is said to only assist 2% of graduates in securing employment, suggesting that there may be a lack of job-oriented support and skills training. The university doesn’t equip its students with job-securing skills. International students find it difficult for them to structure their CVs according to the requirements of the company as the UK follows a different resume format compared to other countries. The companies use ATS (Applicant Tracking System) Software to screen the applicants to save time and most of them aren’t aware of the Graduate visa which was introduced. Additionally, the preference of some companies to hire individuals from their own country, who do not require a visa, may pose further obstacles for international students. These are some of the hurdles that international students must jump across to secure a job.
The unemployment rate had risen to 3.9%. It is found that 55,000 job vacancies had vanished in the past two months. There are a number of factors contributing to this in the UK. Recently, the cost of living has reached its highest level in 46 years. According to Mr. Bailey (Governor of BoE), the structure of the price cap is more than the timing of the peaks. The annual inflation rate in the United Kingdom is anticipated to be 6.1 percent in 2023, down from 9.1 percent in 2022. The magnitude of the combined global economic shocks caused by the pandemic and Russia's invasion of Ukraine has been the primary driver of high inflation and sluggish growth in the United Kingdom.
As a consequence of the new Government and its policies, it is expected that the UK will have better economic growth ahead, but people should wait and see how it develops Despite the challenges and uncertainties, international students still have the opportunity to secure jobs in the UK through the graduate visa, although it is noted that many students are choosing to return to their home countries.
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