As 350,000 students prepare to graduate this July, the UK could this year face a potential “brain-drain” as graduates move abroad in search of better career opportunities.
A study, which questioned 500 young people of graduation age, explored attitudes towards traveling and working abroad, and was commissioned to help student and traveler shipping specialist, 1StopShip understand ‘Gen Y’ moving trends.
It found that instead of putting their hard earned degree to good use, 47 per cent of young people were planning to move abroad in the next 12 months, while 23 per cent were actively considering it.
It is thought as much as 70% of graduates will look to move abroad rather than enter the world of work. The majority (43 percent) were planning to do this for the medium-long term (up to 5 years), while 11 per cent predicted they would remain overseas for more than five years.
The top destinations emerged as New York (58 percent), Sydney (34 percent), L.A. (26 percent), Melbourne (23 percent), and Beijing (19 percent) while the top reasons for wanting to move abroad were better job prospects (47 percent), rising living costs in the UK (26 percent) or disappointed with UK politics (21 per cent).
Recent Government figures suggest that graduates contribute to the UK economy almost 10 times what it costs the state to educate them, in return bringing in £180,000 more to the economy than those with A-levels over their working life. This continued trend could therefore slow the UK’s fragile economic recovery.
Ian Brown, from 1StopShip said: “A good proportion of our customer base is made up of young people – often graduates – who decide to defer the world of work in favor of traveling or working abroad. This can be for a variety of reasons, and often it’s a case of balancing the need to build a career with the opportunity to experience new cultures and gain valuable life experiences. However, whatever the reasons for traveling, careful planning is key, and that’s where a cost-effective and reliable shipping service can play its part.”
本时文内容由奇速英语国际教育研究院原创编写,禁止复制和任何商业用途,版权所有,侵权必究!