The UK’s “Overqualification” Crisis Explained
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- Опубліковано 21 січ 2025
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In this video, we’re going to take a look at what you might call the UK’s “overqualification crisis”, why it’s pretty terrible for both those affected and the UK economy more generally, and what might be done to fix it.
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From my perspective as a graduate, the UK produces world leading scientists, engineers and doctors. Getting a graduate job was extremely tough, taking me over 60+ applications and half a year of applying. My friends took 100+ applications or more to get jobs. It feels like the UK is severely lacking enough jobs for number of graduates leaving university. Although, I know a number of people who have left the country to work overseas in greener pastures
The reason being is because in the UK it is very hard to fire someone once you hire them. A lot of people coming out of studying often lack work experience and worth ethic. Once you have these people it is VERY hard to replace them due to countless worker protection laws adopted from the EU. Universities do not teach common sense and work ethics which is what is lacking with each passing generation but so many are under the illusion that you are not a worthy human unless you go to Uni.
Any future grad reading this, finance is ridiculously competitive to get in. Any grad will need experience and at least. 2:1 to have any chance of landing a job after uni
@FuzzyRiy rly? Then why you arent even entitled to any severance, unless you work in the same company for 2 years straight? Even our permanent staff was gradually laid off over the last 6 months. Job security is practically nonexistent these days
yeah I am a final year compsci graduate at top uni and I have already applied to more than 100 jobs. Sometimes I will go through more than 4 stages of technical interviews and still get rejected. All while doing my final year work trying to get a first. True say I have no social life this year. My uni does give out specialised job opportunities but the problem is I am competing with everyone in my course who are just as smart or skilled as me. Does someone has any insight on how one should go about applying for overseas jobs successfully?
@@FuzzyRiyinvest in better leadership then. It's not the fault of the inexperienced that they are not the finished product already. That is the DAMN job of an employer, and always was. Until it wasn't.
UK productivity problem in a nutshell: "Why don't these young people with £45k of student devt want to work for £27k per year?"
I keep hearing that there is a shortage of engineers, and some commentators saying that more students should be studying engineering or similar. However, if you look at the stats, half of engineering graduates can't find a job in engineering. And companies barely hire any fresh graduates. This unwillingness to train fresh graduates has lead to a chicken and egg problem. There is a shortage of qualified senior engineers and more and more are hired from abroad.
I have a MEng engineering, still haven't found a job, still going through the interview process. Most companies ignore graduates completely, even so-called graduate roles often demand some amount of experience.
its nore practical engineers such as maintenance which is something that can only really be taught through an apprenticeship
There isn't much engineering left in the UK. It has been shutting down relentless since the 1980s. My best friend is a highly experienced professional engineer in the automotive sector and even he has told me that there are not many places left that could use his skills and experience in the UK.
@@AdamThompson11274 That is a technician not an engineer. An engineer is a professional position. It is like comparing a nurse and a doctor or a bookkeeper and a chartered accountant.
@@person.X. tbf not wrong tho it would be one of them where they put engineer as the job title meaning that we have a lack of technician not engineer but their stating it wrong
although by definition according to google they would still fit into the engineer category as well as machinists which is a shame this title has become muddled
Engineering is such an in demand degree that its salaries begin at £25-30k... going up about £1-2k each year from there. UK is a waste of time
Exactly. Workers today demand higher wages, especially so when the job is in high demand.
As someone who graduated in a very similar field over 10yrs ago and has worked in that industry you've no idea how accurate that is.
If anything, over optimistic!
That’s crazy, I make 6x more than that in the USA as an engineer. Damn UK must not be doing to hot right now
@@filip9587 Gen Z graduates are a high risk investment. That's why.
If I remember correctly 32k is the median salary for a household in the uk,
I received a 1st class mathematics degree in the UK. I struggled to find a job that paid 27k. I moved to the USA in January and have made 70k this year doing manual work. I am taking a data analysis role in the new year for 150k. The uk labour market is screwed. My cost of living here are way lower as well
100%. It's completely chalked. How did you get a visa to the US?
Lmao what currency
Yeah, I make 80k/year as a restaurant manager in the USA. UK is screwed.
Land of opportunity.
How did you move other there, on what visa as H1B is completely luck based with the number of applicants
This has caused a big problem because now jobs that don’t truly require a degree can demand one because so many people have one. So you still have to go to university to get a job that you should need to for. It’s a vicious cycle
That’s very true. I was spoke to a colleague of mine who was a teenager in the late 80s. He told me he never wanted to go to University and got a job working in the civil service around 16-18 before then becoming a police officer in his early 20s.
Today, depending on the civil service job, he’d have to get a degree and get another degree to become a police officer. That expense and time is hugely restrictive for the U.K. labour market.
Yep it's a rat race to the bottom that benefits no one. Even the HEI institution lose money on domestic students
Wages also don't match qualifications when you compare them to other European countries. I could get paid two to four times what I would here in Switzerland or Germany.
It doesn't make sense for an employer to do this.
Those people who have a degree will feel its beneath them and perform poorly.
My sister, the carer, moans all the time about this exact thing, as well as my friends that also wasted their time.
I don't have a degree and far out earn them.
@@sirianofmorley they'll complain, but they'll still work.
I am 31 years old. I graduated ten years ago. Graduates reading this: make plans to leave the UK. There is nothing here.
Edit to answer question that keeps being asked where to go?
North America, Australia, New Zealand are the best. However if you get a good opportunity elsewhere, seriously consider it.
What did you study?
where do you suggest moving?
You could teach but that's a dead end too?
@thewatcher825depends on your skill set, USA is usually the best option for money, I’d be on about 3-4x my wage as a junior pen tester in USA.
How does paying off the university debt work in the case?
If everyone is special... No one is.
True, but life would be a lot more fun with all that talent around.
@@christianweller4288 Except it isn't?
This may be more an issue of how uni's educate but we are 30 years on from the project of getting everyone degrees and everyone is poorer and more depressed in the time since it started.
That isn't WHY they are in that situation, but it hasn't made people happy ot fulfilled either.
I do think a lot of people feel 'over promised' by the education system which made out that a degree was a ticket to a middle class life.
@@Canadish A degree in itself I’d not a guarantee of wealth or fulfilment. Like anything else in life it’s a bit of a gamble.
@@christianweller4288well said
Having a specialized degree does make you pretty special, just need to leave the UK to find a job.
"In demand degrees like Engineers or Economics". I've got an MSc in Economics and still can't land even a minimum wage job :(
Sounds like a you problem.
Looks like you chose the wrong 'E'.
I thought that was a bizarre statement. I suspect that they meant Business, but Engineering or Economics sounded better.
Tesco are taking on
Yup this is what's happening, its because you lack experience, I say build a portfolio you could even record yourself using certain software etc. be creative with showing your skills, that is what employers care about, evidence of your ability, and unfortunately for you experience of more valuable than years at uni.
I mean, my entire generation from the 90's were basically told if you don't go to university then you won't amount to anything which was total bullshit.
it was true then but times have changed ... all the jobs have disappeared and they are not coming back
@@anuragchakraborty8766 There are lots of jobs out there for competent and intelligent people ... most people are neither. The market is going to become more demanding and fewer people are going to meet those demands.
If you think you can buck that trend then go make some jobs for those people.
Also jobs will be coming back. There are massive skills deficits globally.
e x a c t l y
A large chunk of those people went to university and didnt study anything useful or make use of the time to make sure they were both occupationally useful and competitive.
So they only have themselves to blame.
@@briumphbimbles lol, subtract these if you want, the point still stands
Mid-level software developer here, earning £40,000. There is high demand for high-skill workers but that does not mean high-paying jobs. My main observation is that the UK does not have FAANG-like companies that pay 6 figure salaries to hire engineers that create world-class databases, search engines, AI models etc. Therefore other companies have no need to offer "competitive salaries" in order to compete with FAANG for talent. Essentially, the UK does not have a large enough industrial sector to create mega-corporations that can afford to hoard the best talent and keep the job market afloat.
CS final student here. This is precisely the issue,which contributes to the other few issues.
If there is no incentive to compete between businesses for grads then there is literally no reason for juniors to show loyalty.
Now that juniors in the uk can just change jobs in 1 year and increase their salary by A LOT there is literally no employer training recent graduates because they are afraid of investing in people who will leave, which then contributes to the issue of "lack of skilled workers" despite hundreds of thousands graduates/juniors in all engineering,Cs and technology and Science who cannot find a job in their field.
More UK people should create tech startups or small businesses of any sort. Those startups can then grow into established companies. The UK also has like “better social schemes” (I don’t know the word for it) but basically if you become bankrupt it’s much easier to get started again compared to US. Even so, UK people are way less risk averse and prefer a “stable” job
While I partly agree, you shouldn't take just a single workforce sector as a generalisation. For example, financial and legal services are some of the UK's most productive exports and the mega corporations within definitely spur competition with smaller firms - see magic circle NQ salary raises consequentially raising silver circle firms.
I do think there needs to be way more transparency in tech salaries in the UK, given that the market isn't as persuaded by negotiation of salaries as the US, it'd help usher competition if we actually got to know what competitors paid on the outset.
I get that people with high academic achievements working for something they're over qualified for is wasted potential, but I think the bigger problem is that "low-skilled" work is actually really demanding and isn't compensated well at all. Worker satisfaction would be less of an issue if jobs that needed to be done to keep society ticking to support academic ventures wasn't so poorly paid and soul crushing.
Low skilled jobs, particularly blue collar are immensely satisfying. Not to forget the health benefits of standing up and moving your body all day which far out way the pay from a sedentary job.
Pain from sore muscles that have worked is far more pleasant than pain from atrophy because you haven't moved enough.
Jobs like plumbing, electrician and trades actually pay really well. These are in demand skills and require far more logical reasoning, problem solving and even occasionally some creativity than a whole range of office jobs. You even have opportunities to be entrepreneurial by eventually starting your own business when you get established. The problem is, many people are put off because these jobs are considered "grubby" and involve getting your hands dirty.
@@r016976 That may be so, but people who get white-collar degrees do not generally want blue collar jobs.
@@rohitrai3717 High pay can't compensate for the fact that blue collar jobs probably aren't what most people who get a college degree want to do with their lives. Most blue collar jobs don't even require a degree. It's just wasted potential.
@@Xamarin491 It's not a waste of potential when you consider that people spend 3 to 4 years at university learning very few hard skills that are useful in graduate jobs. Also many so called graduate jobs are mind numbingly dull (audit) or are a useless overhead (governance / HR). As a trades person you actually contribute significantly more and in many ways it's more satisfying.
When you look at the USA, you find that they have similar graduation rates, and similar proportions of graduates being from STEM subjects, but the pay relative to non-grads is much higher than in the UK. We don't have an overqualification crisis, we have an underinvestment crisis meaning there aren't the jobs to utilise the skills students develop
I went into a trade at 17, done a 4 year apprenticeship and I have worked in the trade for the last 6 years. The company I work for pays decent money for Scotland, 39k a year base and potential to make more on overtime etc. 18 months ago I asked if they could put me through a construction management course that would last 2 years. They said yes and within the next 6 months I’ll finish the course and be able to apply for jobs over 40k a year as a construction site manager. What I’m trying to say is that you don’t always have to go to uni straight from school to get a decent wage. Uni can put you in debt before you even start working. If you go into a trade you can be fully qualified by as young as 20 and make decent money with next to no debt.
I think that's the misstep a lot of people are making. They assume you _must_ go to university immediately out of secondary. I'm personally of the opinion that spending at least a year working, paying taxes and just generally living life, will be able to better inform people on what they want out of university when they go. It'd also better equip people to understand what debt actually means for them before they take on thousands to tens of thousands of it.
This is completely true. The issue is what do those who academically speaking a very bright and don’t have much else to offer over anyone else in a traditional labour job: that’s not to discriminate between the two btw, it’s just the situation that many find themselves in.
Spot on mate! The truth majority of the people who whinge about "no jobs" refuses to do manual labour. And I don't mean being stocking up shelves. Mechanics, builders, operators ... people who actually ... do stuff.
I know plenty of people who went to university and now do not use their degree, but will re-pay 9% of everything earned over £27,295. I think a lot of students/graduates do not consider how big of a deal this is. I myself pay £272 a month in student loan repayment, but at least my degree actually landed me a good well paying career, still that £272 is like a car payment in my mind.
That’s why apprenticeships are/were so successful. The police force and nursing need to go back there graduates did not get through unless they were competency! And so we’re work ready ! Whereas unis are more concerned about their business and are more likely pass people when they are not ready!
I’ve ever uni graduates that can’t even write a decent report!!
Put another way UK government allowed its scientific, technology research and development and manufacturing industry to decline. The government has also failed to invest in major national infrastructure projects that require qualified personnel.
So it's the gov fault people with degrees don't have jobs as the gov hasn't created the job,
Exactly, thank you.
@@Deepthought-42 it's because the upfront costs are way too great. With high energy costs and tons of planning regulations, investment becomes extremely bureaucratic to the extent that it becomes "cheaper" just to not pursue it in the first place.
Just take the Stonehenge Tunnel or the third Heathrow runway as an example.
@@inbb510 there's infrastructure that isn't just transport. Unfortunately because we sold off our publicly owned services, we can't directly invest into areas of development without giving away oversight. E.g. if the water system was still publicly owned or if we still owned the energy infrastructure we rely on, we could collectively decide to invest into expanding and improving it in areas that creates certain jobs or free up current Employees to improved things further by removing the need to maintain 40 year old equipment.
That's not true. The UK government has spent £850 million on the Lower Thames Crossing so far. And if approval is given work might begin soon. Meanwhile Norway completed the longest road tunnel in the world and they on spent $115 million. So the UK is way ahead in world term of spending money on infrastructure....just...err...not actually building any.
Not just the UK. It is happening EVERYWHERE.
One of the main points of this video seems to be them pointing out that this is worse in England though.
Not as much liberal arts graduates in other countries
@@james2396it’s significantly worse in Canada because our government brought in millions of skilled workers over the last couple years that we genuinely don’t need
I dont think you understand what a "Liberal Arts degree" is@@TwentyZZ24
Everywhere in the western world or globally? Countries that are not modernised in tech like Bangladesh, Pakistan, Saudi, etc still have Uni as a popular option.
I have a Master's in Biomedical Engineering and was so shocked when I realised there's literally no jobs for me. Literally 0 jobs that fit my skills and experience. In the end, I was lucky to land a medical physicist job at the NHS, but it was so sad that my expectations were crushed as I thought that the UK would have more opportunities in the engineering industry. Everyone else now goes into banking or consultancy just because there's literally nothing else.
I did a biomedical degree and when searching jobs in UK there is virtually 0
same here, I ended up working as software developer, just like everybody else...
Uk is a strange workplace. 50% of the workers are somebody`s manager.
I don’t think the manger is high school pass out that’s what I have noticed in the uk
Management-industrial-complex; as exemplified by our politicians.
London has a large number of businesses and organisations that are quite simply job creation schemes for middle class middle managers
Why is that strange?
@@tancreddehauteville764 bacause 50% of ppl doing the actual work/production?
Too many chiefs, not enough Indians
I went to the worst performing school in the entire UK. This along with me missing one year of schooling due to chronic sickness resulted in me leaving school with no qualifications. What followed were places on various government job schemes one of which was the community programme. I also had long periods of unemployment. I used to pass Newcastle University on the bus and I looked at the students with envy, they were going places and I was not. I knew that I had brains but the dead end jobs and periods of unemployment continued. Then one day I read an article in the free local newspaper about how it was possible to go to University via the access to higher education route. It took a few years but I got there and in spite of some ups and downs I left University aged fifty with an (Hons) degree in English Language and Linguitics. Unfortunately my chronic illness has prevented me from doing anything with my degree but I still consider the debt and experience worthwhile.
Well done.
I'm getting movie ideas
This is a movie fr. OP literally said h used to be watch them with envy and has now changed their perspective.
I was hopeless at languages but had a strong interest in linguistics. Odd. I graduated in electronics but the only time I wielded a soldering iron was before I went to uni. My entire career was in software development. My electronics knowledge was useful for some of that, but it was mostly the numeracy, higher maths, and critical thinking and analysis skills that counted. Relevance of linguistics is that software is developed in programming languages, and I suspect that my interest in linguistics overlapped with my ability to learn programming languages in a positive way.
@@dakrontu Thanks that is interesting information. I've done quite a few computer courses over the years and I'm looking into what skills set I would need to set myself up as a digital nomad.
I'd be very intrigued by the maps of where the most overqualified workers are in the UK. As a graduate and current masters student who has exclusively been educated in the north, everyone I have met during my education has either ended up in a job they are overqualified for or moved to London or abroad. Many simply do not want to or cannot afford to move to London and end up without options.
yeah, that's why this problem is completely intertwined with the other problem they did a video on recently - that all the good jobs are in London and that the British economy is only generating high productivity jobs in the southeast. Most people in the UK who are overqualified are outside of London and don't want to or can't move there to get access to those jobs. Which then also feeds into the housing crisis.
Can't they use the train service and commute to the destination or job ?
The UK doesn’t invest on science and technology and then wonders why all scientists want to leave lol
But like, without a degree we might not even get the ‘mismatched’ job that we don’t want at the first place
And thats the problem.
The 3 people who work in my local shop all have a degree working for minimum wage. How is that right? Young people today have it so hard and the older generations just don't seem to care. They go on about pensioners not having enough. They conveniently forget they got their further and higher education for free. 8 million working people in the UK are in poverty. Over 40% of people claiming Universal Credit are working as wages are so pitifully low. Over 70% of children in poverty have at least one working parent. How is that right? Check out the Joseph Rowntree data all the evidence is there. A degree doesn't mean much anymore to the younger generations apart from a big load of debt. University Fees keep going up so the working class stay in their place.
You make a good point and I think there's something else no one is really talking about: what about employers and their demands? We blame universities and we blame students/workers, but what about employers' demands. I don't know about the UK, but where I am, they're asking for people who know A, B, C, D, E, F and G, when the job, in practice, only ever needs A, B and C. They're asking for university degrees, when I can teach anyone to do what I do. They inflate job descriptions to make it seem like we're all nuclear scientists, when we're just glorified janitors. Even for tech jobs, they want people with 50 years experience, who know 20 programming languages + 4 foreign languages. I mean, we blame the students and universities, but never the employers for asking things that in practice aren't even used.
Imagine what could happen if you gave those three one hour each morning to develop a product your biz. could sell... Or improvements in the shop, or ..
@@octavianpopescu4776 My man, you have the exact same point as me. As a software engineer, the problem is that companies use two coding languages but require knowledge of at least four during their hiring tests. They also want a minimum of my primary language, English, plus a third language. Then they either pay barely anything for the amount of knowledge you have or just give the job to the manager's son. So yeah, the problem here is the companies and mainly HR.
@@varimatra2088 EXACTLY! But everyone rags on universities and the students/workers.
It's what people voted for.
The problem dates back to three changes in the U.K. education system. 1. ‘O’ levels becoming GCSEs. The move from a skills/knowledge based measure of education to a league table one coincides with the watering down of the exams taken at the end of the fifth year of senior school. In the past, you would be taught to understand the method behind the result, the critical thinking that led to the historical understanding but with the move to a league table based evaluation of schools and by association the quality of the teaching they offer, teachers have now become forced to teach exam technique, the end having more value than the means. 2. The upgrading of colleges and polytechnics to full university status. You cannot raise the standards by simply changing the name in the same way that a cat cannot become a dog if you call it a dog. These institutions were and in some cases are still run and taught with staff who are simply not up to the job and with more and more universities popping up there is a complete lack of quality control. I speak to friends who work for organisations such as the NHS or the European Space Agency and they tell me that they will only consider interviewing candidates from a handful of the older more recognised universities because of the dreadful quality of the graduates from the newer ones. Even the PhDs need re-educating, or so I’m told! I taught for eight years at a new university and left the post because two of my students were given results that were ridiculous and when I questioned it I was told that the university needed more graduates to attract more customers (we had previously been instructed in a staff meeting to refer to students as customers and to teach them what they wanted to learn, not what they needed to know). 3. Fees/student loans. A huge mistake that has turned education into a business. Student loans mean that almost every person that leaves university will enter the workplace with a debt of around £50k. The half of them will never pay this back because their related earnings will never reach the threshold for the government to be repaid. My answer. Revert the new universities to polytechnic status but have businesses direct the studies so the students come out with skills that businesses need. Make the old universities places of academic excellence. There will be arguments with accusations of elitism. Well guess what-to be the best you must be at an elite level. Was Ernest Rutherford mediocre, average or ordinary? Was Stephen Hawking or Roger Penrose? Alan Turing? Sir David Attenborough? The U.K. suffers in general from an unrealistic sense of exceptionalism that has no basis in reality and until it realises that to exceptional one must achieve exceptional things rather than buy them or claim them, the U.K.’s descent into mediocrity will continue unchecked.
Universities should have high standards yes, and be free. There should be a path for graduates from Pyrotechnics to enter an accelerated path to universities - thus we would have graduates with practical, industry-lead background AND academic excellence.
@@oakstrong1 pyrotechnics 🧨🎉💥🎆🔥
Agreed.
Well said my good man!
Im currently training people with £70k university debt for jobs that pay £23k.
That's minimum wage 🤣
@@edaleman2758less than 😂
Which proves that having a degree does not equal common sense.
That was exactly my case.
It took me about 5 months of applying for jobs and Landed a job for £22k, this was 2 years ago.
Furthermore, my employer has a grad scheme but most years the applicants seem more interested in scoring cocaine, letching on women and corporate football tickets than actually working. No one respects them, they come in and screw stuff up. Normally they get stuck on a bullshit rotation looking after stationary or cleaning supplies, they know nothing about business. Im not kidding.
Give me someone with five years industry experience in a heartbeat.
The real issue for the UK is that the real median income for ALL has fallen since 2007 (adjusted for inflation) and is shockingly low. Whilst i am sure some people are overqualified, uni graduates still make on average 36% more than those who did not attend or graduate. Postgraduates make 52% more although for sure the uni premium has fallen for younger workers. But you can still make over 20% more over your whole career. Non grads have a median adjusted real income of only 17k on 2007 basis.... basically flat over that time but extremely low and not growing or likely to grow....
Glad to see somebody else point this out.
And it seems it's only junior doctors (or, rather, their union) who have realised this (until recently). Big 4 accounting firms, for example, were basically paying the same in nominal terms in 2021 (when my cousin had his offer) as they were in 2008. You can make £45k waiting tables in Sydney.
This is a problem in Canada too. This country despises its young.
Oh yes. I’ve been in Canada and the UK and it’s far far harder to find work in Canada. Like 1000 applications in the first hour and require a master’s degree for basic office admin job.
Is Canada to be blamed for bad educational choices?
@@Kashchey1 think too many educated immigrants. Over saturated and not enough jobs to go around.
UK on other hand has 1m vacancies that it cannot fill. But mostly unskilled work. UK doesn’t want more immigrants but its economy needs them.
@@Kashchey1 It's not widely bad educational choices, it's a lack of jobs in the market relevant to (non mickey-mouse) degrees
@@FriendlyFreeSounds UK needs higher wages for unskilled work, not more migrants. If at some stage lorry driver makes more money than a software engineer because there's too many software engineers and not enough lorry drivers ... so be it. Supply and demand!
The population isn't overqualified, the economy is declining and so there are not enough high end jobs. Even if every student got a relevant degree, there wouldn't be enough jobs. As I always advise young people, leave the UK ASAP.
Don’t leave the UK, start a business here. If the UK had a bigger startup scene this problem would be solved
I don't see anything wrong. Cheap, replaceable and desperate high-skilled workers for the private sector. Who cares about the people or their wages as long as the 1% is doing better than ever?
Had me in the first half.
@@mabeSc while I get the sentiment, companies don't like this situation either because applicats are of poor quality
@@user-op8fg3ny3j The job themselves tend to be of very poor quality as well. No better than getting a job at Tesco's in term of job security and benefits (usually).
@@mabeSc agreed. They are like that because of a lack of investment which creates a chicken and egg scenario
@@user-op8fg3ny3j it's good to see that many people are aware of what is happening to the UK.
My question is why don't we create a group of like-minded people to push for change and, possible, lobby politicians? We are politically worthless as individuals but very dangerous if united.
The state of the UK was caused partly by political apathy.
I feel like the UK has such a high number of incredibly bright, intelligent and skilled people but they have been failed by the government.
Education, is not about employment only. Its about learning the world and opening your mind. The real issue is how youve turned education into overspecialisation way too soon to support your abuse of the working class
Exactly
Yeah what he said
Its almost like we don’t need half of people to go to university. Tony Blair.
I'd wager it is likely the fault of those that shrunk the size of the job market by limiting young peoples ability to live and work within some kind of union, than it is of someone that encouraged kids to get an education.
Right-wingers and oligarchs don’t want an educated populace who can critically analyse their propaganda. Meanwhile China and India are aggressively funding their students to study in the West and contribute to the high-skilled knowledge economies of the future. The West is dumbing down and depriving its own younger generations of opportunities - it’s the idiocracy in full swing.
Yes but why should the young working class be the ones to stack shelves in supermarkets while the kids of the affluent have good careers?
@@thegoat11111better everyone has a bad job and are overqualified and start life saddled with debt?
Hardly.
@@lewisdelicata5334*Employment crisis exists for decades*
Must be that Brexit thing from a few years ago.
the side of this problem that rarely is shown is that there's also a lot of underqualification. I keep seeing positions filled with people who don't have the proper degrees, just the right conections
My mother in law started a whole new career 2 years ago that "required" a university degree. But she knew the manager and got the job and is on about 40k a year. She never went to uni, doesn't know her GCSE results and personally I'd say she's pretty dim and not qualified for the job. But she's mates with the manager so she got it. I think it's appalling considering the field she works in
Or they have the actual skills needed. Not having a degree doesn't make you "underqualified", you are qualified if you have the ability to do the job. Something many people with degrees don't have.
@@OnlyTheCube the point is, many top jobs go to people who know the right people rather than those are actually qualified or talented enough for the role. I’ve seen incompetent people promoted because of their parents.
@@justdoit.86yearsago Yeah had that in my last job. My manager knew the right people got the job. She had no IT skills at all and was fairly incompitent at even managing. I had connections with people who worked for our customers and they didn't have a good opinion of her either. Any way the company went into liquidation. I walked into a job after 2 months. Im still in touch in a group chat with all the old staff, my old manager is still unemployed over a year later...
@@samuxan it has always been like that, who you know rather than what you know. It will never change.
Did the old O levels in 77 and A levels in 79. Didn’t go to university until 96 for a first degree. Studied for two separate Masters in 02 and 05. Did the first Masters at a UK university listed in world’s top 100 and the second in one listed in the top 35 in the world. Most academically demanding of all that? A levels.
So true
I agree. I found the gap between O levels and A levels simply staggering. At A level you are basically taking exams at university level, in order to gain admittance to university.
@@tancreddehauteville764Except you are spoon fed information at school and college and at university you research yourself. Vast difference in the teaching methods although I agree the exams are comparably difficult.
@@tancreddehauteville764 I hear you. My schooling was in Scotland . If you passed your o level , you could do a higher the following year. It was a big jump. However it was widely accepted that if you passed your higher at fist attempt then you could that a final year in a subject , sixth year studies usually in the academic subjects , was actually the equivalent of first year uni. I knew someone who went to a prestigious uni and didn’t go to any lectures but flew through his first year chemistry exam and came out top in his year.
I mark university papers on a Masters degree in the UK, and I can tell you that I don’t know how half of these people graduated from Uni. It is NOT hard to graduate University in the UK.
My degree changed my life for the better. But most degrees are scholarly, you learn about different perspectives and how to do research. But they are not a direct pathway to a job, and this is what has been sold for a long time (and has now become a requirement).
I'm not sure that's the case anymore, you really don't learn different perspectives as much as government approved perspectives, which is why so many have problems when they actually get a job.
@@SaintGerbilUKYou need to learn the meaning of the term "non sequitur", urgently.
@@oldskoolmusicnostalgia why I'm agreeing with his point although I have a slightly different perspective, since I'm guessing I've been to uni more recently than him and saying how it's changed.
You're forgetting how much qualifications have been diluted overtime. It's very easy to get a 2:1 at an average UK university now with not that much effort. That doesn't mean you really know your subject very much. The difficulty of exams and coursework has eroded overtime and therefore a degree doesn't really show you understand the subject very well.
A degree used to distinguish people, but when everyone has them they do not prove as much for a potential employer. On the flip side I know many people with degrees who worked in something completely unrelated
Education holds value, learning to study and critically assess information is a skill. If it's a competition issue, we are vastly under utilising those skills and their potential.
@@Britishscout2012 No one's gonna pay you for ability to study and for assessing information.
This shows how low-skill the UK economy is. This country is run on low-skill jobs with low pay and the government is wondering why the UK economy is flatlining.
And the reason why no new jobs are being created is because this country's education system teaches us to work for others. It doesn't teach us how to work for ourselves.
At age 12/13 the kids who aren’t academic or have no interest in studying need to be learning trades. If they stop having to learn advanced maths they will never need and bloody Macbeth and start becoming plumbers/electricians etc they will be able to make good money from 17/18 onwards. But instead the system here forces them into carrying on learning largely pointless things that funnel everyone towards a degree. And schools need to start teaching kids about how to budget effectively and long term financial planning. School seems to be entirely about preparing young people for the next stage of education rather than actually becoming a well rounded human being able to live a good life.
Preach
To be honest, I'd rather have secondary education use their English classes to teach people how to read legal documents rather than Shakespeare. It's probably a good idea to teach people how to read contract language so they don't get screwed over.
compound interest and ratios and such are in the national curriculum and you don't learn 'advanced maths' unless you're good enough and choose to do so. adding fractions and measuring triangles is not advanced. a lot of the people grumbling about the secondary education system in the UK were last taught by it decades ago.
we already have an anti-intellectualism and critical thinking crisis in the UK as it is; people take everything at face value and punish deeper thought which leads to ridiculous political situations voted for "by the people". how will removing Shakespeare and English literature remedy that in any way?
In 2022, 40,000 students graduated with psychology degrees.
As a nation, we do not need 40 thousand psychologists.
A big proportion of my peers who did it in uni (bar a few cases) are working in coffee shops and other non-degree jobs.
What do we then need?
I'm nearly 60. In my experience, it's incredibly common for people to work in fields unrelated to the degree they earned.
@@markushaahr9194 these who build and maintain houses, roads, bridges
@@markushaahr9194doctors, nurses, engineers, plumbers, electricians, construction workers and lorry drivers
Engineers, STEM. @@markushaahr9194
Please don't confuse being overqualified with being educated as being bad. Having a good education is very important for quality of life. This issue is not with our education but with the UKs jobs market.
It's 100% a problem with too many people going to university. It's also 100% a problem with the jobs market. Two things can be true at the same time.
Brexit
Equating getting a degree with being "educated," is a bit of a misstep.
Shame those come hand in hand in this society, especially with the insane propaganda shoved down students throats that without A-levels or degrees you'll be jobless. Happily dropped out of my crappy college to educate myself.
@@glenbradshaw2791not just too many people going to university, too many doing pointless degrees
Living in the UK is both expensive and badly paid. The worst of both worlds, like being overweight and always hungry. Not sure there is a solution to all this, we don't benefit from any economies of scale like the USA, we have leaky borders, bloated welfare class and civil service, and taxes just went up for the people that actually go to work!
TLDR: don't go university.
Also TLDR: all of our employers are university graduates.
the trade jobs they talk about probably pay more than their writer jobs too haha.
good old UK economy.
Graduated in computer science at a russel group uni. 90% of job postings in my field are fake and most of the jobs are outsourced to indians who work for £3/hr anyway. I gave up and I'm now working for the nhs making £15/hr.
Isn't mass immigration great!?
You do realise outsourcing means they're not in our country, right?
Although yes, I do agree that mass immigration is bad.
@@C0D97 mass immigration aka insourcing has the same outcome as outsourcing.
@@RextheRebel How can you blame immigration for something thats not part of immigration your issue seems to be with corporate capital exploiting workers for the most they can squeeze out of them getting rid of immigrants aint gonna solve this issue pal
@@RextheRebel blame the employers and the regulators who let them away with it!
Internships are basically impossible to get atp, even IT support intern at some fourth rate company will gave 150 Oxbridge applicants and then a bajillion applicants from other top unis too 😭
We found in my IT company that we can't get apprentices or decent workers because 99% of them are absolute morons
Same for apprenticeships, pretty hard to get one.
@@mabeSc yeah. People constantly saying get an apprenticeship but don't realise they are as competitive as unu
Part of being overqualified is because when you're in a job there is no job progression within that company so you have to go and get more qualifications. Instead of growing within that company. This is also due to the unrealistic list of qualifications demanded by job applications. How many jobs have I got where I use none of the qualifications asked for in the job application😂
I noticed this was going to be a problem back in 2012/13 mentioned it to my university and got told to shut up. I remember telling the university that flooding the market with graduates with useless degrees will devalue everyone’s degrees. I took the stats and showed them how badly graduates were doing. Needless to say they still didn’t believe me. 10 years on and it’s even worse and soon a 2:1 will be worthless.
A 2:1 is already insufficient to get you noticed. Nowadays you need a first.
@ sooner or later firsts will be broken down to a 1:1 and a 1:2 much like second class honours were divided to a 2:1 and 2:2
Thank you for your reporting TLDR, it is much appreciated
You solve overqualification by raising the wages of necessary workers, not by raising the university fees. Now people with money will have more ability to aquire even more emoney, while the workers are displaced to a lower economic status.
Raising wages? How? It’s easier said than done
Raising wages isn't the answer (Why does everyone think throwing money at the problem is the answer?), There is so many Worker protection Laws that businesses are terrified of hiring the wrong person, So they go for older, more experienced or people hugely over qualified for the jobs to minimise the risk of hiring someone bad and not being able to replace them due to all these laws.
Yeah basically we just need more economic growth in my opinion. Would probably fix a lot of problems, but it's difficult to achieve.
No, you solve it by offering alternatives to university for people that just aren't going to get their bang for their buck.
It's all supply and demand. A company can't artificially raise their wages if their cash flows can't justify it.
@@inbb510 Yeah apprenticeships is the way to go and normalise going to Uni later in life to develop ones career.
Fortunately I graduated in 1988 with a 2:1 in History from a major redbrick university. Graduating today would probably doom me to unemployment or underemployment. Even back then it was a struggle to achieve a good job, but I did it in the end, and can now look forward to retiring in a couple of years on a decent pension, with a paid off mortgage on a detached house. I remember that the choice I had back then was to join the Civil Service, train as an accountant or try to get a job as a management trainee with one of the big blue chip companies and compete with 100 other prospective graduates for every job in the Milkround, as it was called back then. I guess now it's 500 or even 1000 applicants for every job! If you want a certain job after graduation then study Medicine or Dentistry, or perhaps Pharmacy, Law and Accounting, otherwise it's just a gamble. IT is also a pretty good choice, and also Economics, if you want to work in the City, but I can't think of anything else worth doing.
I'd like us to note that the stability over underqualification between age groups and the difficulty in progressing up job ladders may speak to how dysfunctional some industries are becoming in their hiring practices, which I believe is likely a reason in part for the UK productivity crisis.
Like with many of this countries problems, it goes back to Blair.
Specifically, trying to get half the entire country to get degrees, making the thing a necessity, but still somehow useless.
What happened to personal accountability? How is it Tony Blair's fault that people take degrees, which they know have very limited job opportunities? People need to take a good hard look in the mirror and realize that you are not entitled to work in a field that you find interesting. It is possible if you are among the very best in your cohort, but nobody guarantees you a job just because you took a certain degree.
LOL, you seem to forget companies began demanding degrees for entry level work! That tends to be a major driver as well.
Try it goes back to Thatcher, then Blair!
But ultimately what most people don't realise is: That this nation was done for when WW2 ended, we didn't "win"... We lost and have been bailing buckets on a sinking ship ever since.
Use your common sense. Blair’s government pushed for everyone to have a degree. Schools and Employers began pushing this also; requiring a degree for a job or presenting life after school as a choice between higher education or low skilled employment. Parents, for who university education was always a great thing, also pushed for their kids to go to university.
So very rationally, when all their figures of authority was pushing it, when it became necessary to work average jobs, children chose to gain degrees.
Squeaking about personal responsibility for national issues is code; that you would rather bury your head in the sand and pretend a problem doesn’t exist because you’re too lazy to address the problems in your community.
@@angryherbalgerbil are you happy to pay 5 times the price for the things you typically buy?
Are you willing to work for free?
If not, then stop talking BS.
The UK is finished. My advice to anyone who can is get out and do it as quickly as possible. I have an a degree in economics and have thus far found it impossible to find a job which suits my qualification. Unfortunately, so much time has passed that I’m now basically stuck with a minimum wage job. This country has been let down by years of incompetent government and it’s probably made the country irretrievably doomed. Get out and don’t look back!
Some 80,000 to 90,000 skilled UK citizens leave the country each year for a better life. It is a pay and opportunity crisis. The degrees the country needs should be free and could be delivered by committing to the UK for say 5-10 years.
I was born in 1950 in to a northern industrial city's
slums. I always enjoyed school and particularly reading
but I guess I'm somewhat biased in saying that I thought
the British education system from the 50s into the 70s was
excellent. A kid like me could go from Primary school to the
11plus exam, then onto a grammar school and eventually
university, an education that made my life more than I
would earlier have expected. I remain grateful for that
education to this day.
As a EU citizen in the UK, I'm often under the impression that most professionals are underqualified.
I've been here 11 years and I haven't even found a decent handyman.
Maybe I'm biased, but I also suspect it's hard to make these comparisons between countries when the boxes to tick are so different.
I’ve been mentoring graduates designers who have masters and struggle to get a job even after 2 years. As a Senior working for the government (with no academic training) and worked in big British corporations for the past 5 years; this year I’ve joined a Master degree in one of the top 10 British University curious to see what I could learn and to hang that fancy piece of paper on the wall behind my Teams calls, to my surprise 90% of the material covered is academic focused with very very little real world skills, with 80% professors with no business experience but only PhDs done at that same Uni. Unfortunately students join these courses costing 15k to 30k per year hoping to be given a job just because of the paper but end up unemployed or in internships, getting a degree as solely proof of good skills might work for legal profession such as medicine or law. For creative disciplines, as this is in my experience and I can express an opinion, such as design, marketing, development, etc. I found good books and online 6 months bootcamps be more effective, cheaper and lead to employment faster and to higher roles (junior or mid-senior instead of internships).
I graduated this year from a Creative Writing & English BA which I took partly to pursue my passion in the arts but also for the tranferable skills, and have been applying for roles that directly relate to my degree or experience level in the writing/education industry.
For a solid year I’ve not got to the interview stage in over one hundred job applications. Again, in roles I know I can do but repeatedly I’m told “we are going with a candidate who matches the job description more closely” despite accurately matching the description myself. I even applied for a job at my own university under a Student Advice & Guidance Officer, something I do in my current job but at FE level, and was neglected. My own university doesn’t even recognise my qualification as sufficient.
There are jobs out there in my experience, but the high amount of graduates means employers can cherry pick exactly who they want to minimise expenditure on training and investment in skills.
They want people who have done the exact job somewhere else to slot in nicely into the wider machine and if you haven’t, you’re pretty much done for.
This is what I've been saying. When I was in Scotland I was talking to some Scots about this. I asked them, what is the purpose of a janitor having a college degree? They couldn't give me an answer. Affordable college is great but free college is just a waste of resources. Not everyone should get and purse a college degree. Technical colleges need to make a come back and are better for some people over traditional university.
I could not agree more! Ps I was educated in Scotland, but back the days when only the cream got in to uni. And what’s more you were paid for it. However I went into nursing the old school way.
A friend of mine has a masters in astrophysics and is working at KFC, its not just the 'fluffy' degrees that are struggling to find work.
😢
Which uni did they study at? What was their grade?
I heard over qualified and under qualified so many times I feel dizzy
Got a 1st class degree in Electrical & Electronics Engineering. MSc from Birmingham University Computer Science; continuously learning every single day. I am still jobless since completing the masters, even having 5 plus years of experience in the IT industry!
So I have a BSc in Chemistry, and ive recently gone back to study for an MRes, in my years working this is what ive found:
"Over qualification" doesnt just affect those who have gone to uni ive met former army mechanics and officers sweeping flaws at manufacturing firms for minimum wage, deapite them being far better suited for a role as technician, supervisor etc.
Alot of what were once graduate roles (especially for stem) have been downgraded, say lab technician's/assistants used to all be graduates, now theyre mostly high school/ Alevel students.
There just isnt the economy to support a high level of graduates in any feild, ive met engineers doctors nurse etc, all working in shit jobs, just because they couldnt break through into their field. I legitimately knew a nurse who was stuck working at mcdonalds for about 4 years before getting into care.
I have a BSc in Biochemistry and studying for my MSc in Analytical chemistry while also working. I have noticed the same about the lab techs. The job is not requiring a degree, however, the scientist being the next level up requires experience. This makes it difficult for graduates to get there first graduate position.
Whats worring is that post grads, undergrads, or people with only GCSEs are all pretty equally likely to be overqualified
I was the only one in my class to choose not to go to university. I did a facilities management apprenticeship with my local council, 2 years later I earn £25k and have a job that makes me happy, no stress and I'm lucky enough to be able to buy a house at 23. I have zero debt and probably never will, I'm the happiest I've ever been in my life. To any young ppl: don't be afraid to stray from the crowd and do an apprenticeship. It will feel embarrassing and like failure at times, but it IS worth it.😊
UK Businesses have a severe mismanagement problem from my experience, I've been in a workplace where the next youngest person right now is 34, we've had a staff turnover of 20 people in an operation of about 25 people since last June. The problems started way before I came here with an unwillingness to future-proof the job and meaningfully make changes for the long term, and when the old manager got a huge job in the US and promoted the production supervisor up to his responsibilities everything started to slowly (and now rapidly) go to shit. You've got an entire maintenance department of engineers quitting/getting sacked, near universally guys from 40-66 years old saying that it is by far the worst place they worked in (even beating out the army) and in spite of attending 7 interviews over this year I've still not been able to secure myself a good out of this place.
The problem's the UK business environment, wholeheartedly, the storm was sewn years ago and now we get to reap the whirlwind.
The issue lies in the false belief that 'qualifications' alone equate to competence.
Employers NEED 'competent' employees.
Competence is the combination of Knowledge (knowing what to do, and why), Skill (the demonstrated ability to actually perform the task), and Attitude.
In most cases Uni focuses heavily on Knowledge at the expense of Skills and Attitude. Ask yourself, how often have you met highly qualified persons in the workplace who can talk the talk but can't actually DO anything, yet comes with an attitude of superiority, entitlement and resentment if asked to deliver?
It would be interesting to see this growth in emphasis on qualifications charted against the UK's dropping employee productivity problem.
Mind you, these same employers also don't want to train anyone! Requiring degrees AND years of experience for entry level jobs at garbage wages. Employers are not hapless victims.
@@fdm2155 , if you have two applicants:
One which has a first in engineering with absolutely no work or industry experience that demands £60k as a starting graduate salary and working from home.
And another applicant who did an apprenticeship in automotive engineering and has experience in working with projects on AutoCAD, LiDAR surveying and project management, and demands a salary of £45k (the more correct market value), which one will the employer employ?
The answer in practice in most cases is always the latter. The first graduate is a big investment risk for companies which is why the former will not get the job and the latter one will.
@@fdm2155 true, but universities not teaching skills properly when they're well aware that companies don't do it is a failure on their part too, no?
@@fdm2155 because training costs time and money on someone who could pack up and leave soon.
Why would you choose the person that needs the initial investment when another applicant doesn't
@@PixUUK @fdm2155 because training costs time and money on someone who could pack up and leave soon.
Why would you choose the person that needs the initial investment when another applicant doesn't
I did Manufacturing engineering at Uni and it was an excellent foundation course for all sorts of disciplines. I contrast this with the English students I shared a house with who did 3 hours of lectures a week.
I’m an employer, after landing a large Home Office contract I needed to employ 15 engineers with degrees in computer sciences I offering a starting salary of £63,000 plus expenses, I received numerous applications and not one of them was suitable, I filled the vacancies by employing applicants in Singapore, Mumbai and Hong Kong.
In what way weren't they suitable?
@ well a degree in or experience in computing would have been helpful.
@@At_the_races you couldn’t make that up!
@@At_the_raceslol happened for my position too, the people that applied didn’t know the basics, some people just apply and hope for the best.
Stop calling everything a crisis.
No sources? Didnt you just make a video where you said you include these? Wanted a link to the oecd paper.
Do your parents still spoon feed you? I found it in under 10 seconds.
Google does exist
During the five yrs I spent as a pupil in a large north London Comp , we did zero prep for the job market . No employer offered work experience or an apprenticeship , we got no advice about applying for employment . The full time disinterested career advisor employed by the school spent his working days playing golf ! He hadn't a clue .
Cant blame this one on immigration England
Mass immigration of low wage labour suppresses wage growth this is basic economics and has been known for decades
actually you can blame the low wages of non skilled jobs on immigration.
Wait before someone else blames it on foreign students
@@kyzantia8884unless you weren't paying attention this video is about skilled workers and university graduates
A big problem is that even entry-level or graduate jobs are requiring 1-2 years of experience. Companies just expect workers to come pre-trained, mainly because they know they can just import on the cheap from abroad. Opening the migration floodgates has suppressed wages and set back social mobility in this country
I am a Polish native, moved to the UK in 2013 with my parents for the better future and situation basically. Went through normal British highschool and now I got bachelor's in Graphic Communication (Graphic Design) with 2:1 grade in 2023, applied to hundreds of jobs and nothing. At this point I am considering moving back to Poland as I probably have higher chance of finding any job, the economy there is growing fast, all my best friends are there, woman are more traditional overall (for family purposes) etc. I start to feel like nothing holds me in the UK anymore, I wonder if others feel similar.
Poland is on the up, when the Presidential election concludes next year I think it’ll be even better
Yeah okay go back to Poland and your traditional women then lmaooo should’ve done a more useful degree
It's no better in Poland. Huge demand for highly specialized people. Leads, consultants, presidents, product owners.
If you need any training / introduction in your field, good luck...
When everyone is special, no one is
I highly dislike the term "micky mouse" degrees but the social pressure to go to uni and get a degree meant that people with poor grades that might have traditionally reconsidered if university was for them were able to go to university and study a degree that wouldn't help with employment because they didn't want to be perceived as a "failure" and with universities soley reliant on tution fees they were happy to play into this fear to receive more income.
This lead to 17/18 year olds being mislead and taken advantage of because we as a society view having a degree and the educational institution associated with it as a way to seperate out social class rather than as a qualification.
What worth does a Gender Studies graduate have in the real world?
@@inbb510 To acknowledge and PROVE that there is a great gender inequality (are you paying Pink Tax?) in our society and how it affects every aspect of their lives.
@@inbb510
They can easily become what counts as journalist in England just like their beloved Johnson.
Of course you could argue that any degree makes one overqualified for that - but its not so much about the useless qualification but the social class marker.
@@Ooze-cl5tx average gender studies salary is £24,000. Basically minimum wage and not even enough to start paying off your student loans.
And I don't think you have to think hard to see why.
@@inbb510study trends in gender that help create optimised workspaces/environments and increase productivity?
Gee, it is as if, sadling people with debt for them attaining qualifications, was a bad idea...
Yup and we get to laugh at the debt blackhole created!
All aboard the sinking ship!
And Starmer will keep it facing the right direction!... Glug glug glug! 🤣😂🤣
Why is it we never have enough nurses, doctors or teachers, but we never seem to run out of Corporate Executives, Litigation Lawyers or middle managers?
A lot of us choose to go to Uni because we want to learn. I have no idea what career path I want to go down yet, but I'm certain I want to take the course I'm on regardless.
And on the other side of that is waiting for you an unfortunate outcome that you have to deal with your whole adult life. Being stuck in crap jobs because you studied what interested you is no fun (from experience). Wish you luck - but it's not a kind world out there for graduates.
@ Given the current state of the economy, people are stuck in crap situations regardless of whether or not they graduated. I’m studying a language so hopefully there will be something halfway decent for me, but either way, I don’t regret my decision.
@@ProsecutorZekrom Those I know who did languages have ended up in hospitality jobs, serving people their drinks or food. Your best bet is to leverage those skills out of the UK!
As long as you can do it without debt, that perspective is fine. The issue is tuition fees = debt in most cases
@@ProsecutorZekrom Language grads I know have ended up serving people their food and drink. Your best bet is to leverage those skills out of the UK!
Solution: stop treating universities as a place to get "qualified" and treat it as a place you go to just learn something. Universities should charge a lot less and stop promising that you get a degree that guarantees you a specific job.
The problem isn't people getting educated and qualified on average more of the time, the problem is the lack of jobs in certain industries to spread out these qualifications to be useful across the board.
With the amount of people still voting for the Tories and Reform there certainly isn't a 'problem' with 'Over Education' in terms of Political/Economic/Social Education.
@Cashback13 I voted Reform and my education was pretty sound. Yours clearly didn't teach you how democracy works.
As a legal apprentice in the UK from my perspective I saw no point in going to university as I would become qualified and have that guaranteed employment.
Feedback for TLDR editor at 2:04
Please put the percentage number% on the visuals to increase accessibility, thank you
I’d say from when I graduated in 2018, I kept being turned away from positions for being overqualified for the subject but under qualified for the experience required to work the subject and thus needed practical experience to work in the desired Job.
I studied an initial degree it get a job working at a university, which I still find insane to have a degree to work in a student support role. I was told for years of interviews I needed more qualifications and experience.
I gave up after 7 years trying to get into the role. I understand now, I’m overqualified but at the same time under qualified. I also don’t put don’t down my degree or MA on my CV or mention it at interviews and I’ve realised employers as less likely to hire you if you mention them.
If we want people to study more subjects classed as more important to the economy we need to make those degrees cheaper not more expensive (degree apprenticeships are helping with this to some degree)
Also those subject should be taught in school or at least there prerequisites subjects should be taught in a way that encourages students to pursue it instead of "I hate this class why are we even learning this"
What I keep hearing from friends is that their companies no longer hire new grads, whether that's because previous incentives are no longer there or cost to train is rising or the economy or whatever. grads can't hold out for their dream job and have to enter the job market, usually at minimum wage roles. My advice is to become qualified for something related to your degree (teaching, construction, something that'll always be there) and jump ship to a country where they'll pay you what you're worth
NO. I am a single mum and I am very proud that 2 out of 3 of my grown up kids went to university. I was the first person in my family to go to college and the first to go to university. My 3rd child doesn't want to go to university and have 30 years of debt. I'm 57 and still paying my student loans but at least mine was only £3,000 a year - there's talk of putting the cost up to £15,000. Clearly the establishment doesn't want working class oiks like me and my kids to improve their chances in life.
The issue is that university is so expensive. Many people find out what they really want to do in their mid 20s when they’ve already got their degrees in subjects they don’t really care about. They find themselves with 70k of debt and can’t get any funding for a new degree, or are too old to access apprenticeships, in the subject they were meant to do. Not investing in the younger generation is and always was a mistake. Also, once you start repaying your loan 80% of the pay rises you get will go straight to the repayments.
You have a vicious EQ problem in your compressor setup. It's compressing fine up to a certain point and then getting very loud, almost like it's bimodal.
What exactly are you talking about? Other than intro being slightly loud the sound seems flawless.
@@ПётрБ-с2ц dont mind him, he is just putting his computing degree to good use for once.
@@Globe_Glider Looks more like audio engineering to me, nothing like that comes up in CompSci :).
@@NeilMartin98 yeah seems like it, i thought the compresser stuff was IT related.
We already solved the job problem. It was called the New Deal by FDR. FDRs government created easy to access jobs, where people were trained on the job, and they were used for important jobs tha increase growth, like infrastructure projects.
Then, only people that genuinely needed degrees would be going, making degrees more valuable
A big problem for highly qualified workers is the frustration about FEELING over-qualified for their jobs. If the education system was more well-rounded and gave students (including Highschool students) a wider and more satifying education, rather than the very narrow certification focused system that is used today.
AI is about to make even more degrees useless.
AI will make many jobs useless.
220+ applications to a mix of jobs and graduate schemes and 6+ months and im still in retail after graduating 😅
That's not a personal problem, it's a capitalim. University and personal education is good and will always be worth pursuing
saying its capitalism is useless and childish.
@@kyzantia8884 true since we live in a capitalist economic system we can never blame the people who control the economic life of this nation no that's childish and useless
Of course! Just pay for it from your pocket and don't expect anyone to employ you just because you passed some exams.
@@kyzantia8884 How? I know It might be vague, but they have a point. We have enough resources to invest in the economy to generate growth and high-quality jobs, but the oligarchs who own virtually everything in our economy just give themselves massive handouts in the form of dividends, stock-buybacks and other luctiritive pay packages while paying us stagnant wages and limiting investment. Capitalism worked for a lot of people in the past, but nowadays it seems that the group of people who benefit from it is getting a lot smaller. We can do better.
Another factor in play may be that senior managers are staying in their jobs longer and this is clogging promotion prospects below them. I turned 30 in the 1990s and whilst I never reached the executive suite (then or since) I knew many then at 30 who had. People cannot be forced out at 60, and many parents want to serve as the Bank of Mum and Dad to their children. We have also seen the disappearance of retirees on defined benefit schemes although comprehensive evidence on how well people are funded for retirement is hard to accumulate. Something has changed.
Whilst mainly based in the UK I had working experience of the US where I noted more of an up and out attitude in both management and staff. The US is of course much larger and back then (maybe less now) people believed there was opportunity if you were willing to travel to it. The UK is economically much more insular. Post-Brexit there is less external investment creating new jobs at scale and less global outreach by UK business. Add in the massive regional differences in property prices and the lottery of trying to relocate children in the UK's education system and this suggests to me that managers have become very risk averse about new opportunities around the country.
UK workplaces are (in the words of our American friends) hunkering down.
An over-emphasis on credentialism has been a problem for at least the last 20 years. Especially when the academic criteria continues to be watered down. You can't get a job without a degree but a _specific_ degree is often not required for the work you do.
I'm in my last year of uni studying for a BA in business management. I knew this would be a problem before I even signed up, but I also knew I didn't study to find a job. I studied so that I could create them. It's a shame we're working so hard just to find more work. The hamster wheel is insane.
Student debt is indeed a major concern. I graduated with MSc Data Science last year as an international student. My tuition for a 1-year MSc was £35,900 and for current students, it is £40,900. It is increasing by £2500 per year. I found something else that was really crazy.
The tuition for a 1-year MBA at the University of Oxford for International students this year is £78,510. When promoting the MBA, Oxford claimed that 97% of MBA admits were international students. These fee hikes are just insane.
They are insane, yet you chose to pay such high fees
@PorthLlwyd Yeah! Fortunately, my father had saved just enough for a year. It was a one-time investment and a very risky one too.
If companies wouldn't demand degrees to work there (which are absolutely unnecessary for the most part) not so many people would go to universities. What is in demand at the moment is absolutely misleading. Yes, CS graduates are in demand now, for example, but if everybody studies it then in five years it won't be in demand or maybe it will if technology opens up ways in that direction. Who knows? The problem is that a degree is now what a high school diploma used to be 30 years ago or so. It's the entry level requirement for most jobs. Instead of focusing on what's needed people should realise two important things: 1. University is not a place to be if you want to get a high paying job (exceptions are medical school and law school obviously). University is first and foremost a place for research and development. 2. Many companies require specialised knowledge, beyond the curriculum of most universities. They might as well just train their own workforce. The most important thing is to just let people be and do what they are good at. Also, you can use a lot of degrees in many various fields, you just need to be creative in application. You can get a well paying job as a philosopher and you get a shitty job as an engineer too.
Insert standard boomer comment about “gerrin a trade”.
Or blaming immigration.
@ Dey tuk r jobs!
It's pretty good advice when you look at relative job demand and compensation. Only drawback is entrenched snobbery about skilled trades in the UK even if pursuing one would lead to meaningful improvement in life setup/ finances
@@ian_strachs Charlie Mullins has his plumbers on minimum wage.
They ain't wrong though
So many incredibly smart people who may not reach their potential due to the country they were born in is a sad state of affairs. There is just no incentives left in the country any more. Businesses cant afford to take risks and graduates are left holding the short end of the stick. In the US the conditions for starting a business are much more favourable than in England, it's basically unheard of for graduates to start a business straight after uni in the UK. I think the UK is going to shoot itself in the foot long term as a lot of young professionals will just seek employment elsewhere, in countries where their money stretches further and their quality of life is vastly improved.