The Developing Trends in the UK Labour Market Free Essay Example, 1750 words

One of the major trends in the UK labor market in regard to the present graduates is the provision of internships for graduates. According to Redman (2013) in 2009, about 90,000 UK graduates registered under the Graduate Talent Pool (GTP) that offers internships for graduates. Through the internship programs, graduates have been provided with a chance to work in the quest to gain experience in their fields of study since they are exposed to a real working environment after college. The demand by employers in the UK labor market has led to a higher valuation of the internship programs as a good way for the graduates to start their careers. By 2011, Redman (2013) writes that employment rates in the UK were stable; thus, pushing many graduates in the UK to start their careers in London. However, this was only possible if the graduates sourced for career experience in programs such as intern programs. Yet another trend in the UK labor market today is the use of performance appraisals fo r the services offered by the employees. As seen in the research conducted by Mitchell (2012), measurement of the achievements of the employees enables the companies to assess if they accrue the best returns from their employees. We will write a custom essay sample on The Developing Trends in the UK Labour Market or any topic specifically for you Only $17.96 $11.86/page This trend adopted by the employers ensures that the employees deliver the best and the graduates that cannot keep up with the requirements are slowly outdone by the market requirements. The performance appraisal can also be indicated to make the graduates more efficient in the labor market than before.