Graduates without work experience will be left out in the cold

Over one third of entry level jobs will go to graduates already involved with companies.

Many soon-to-be graduates will be left without a job due to lack of work experience, new research suggests. High Fliers’ The Graduate Market in 2013 report, released today, declares that of all entry level vacancies available for 2013, over a third will go to those who have already completed internships or work experience for the company.

The toughest fields to get into without having experience are banking and law, it has been revealed. This may well be, but what happens when these internships are so fiercely competitive that they are practically impossible to come across?

In the legal profession, university students have the option to apply to take part in a vacation scheme: a two or three week paid work experience that provides insight – and contacts – in a law firm. However, Jack Denton, co-founder of the research website AllAboutCareers.com, estimates that for approximately 3,150 places on the schemes nationwide, there are more than 12,000 applicants.

Three thousand schemes might seem like a generous amount, but when one considers that most students who secure one work placement also manage to achieve at least one more in another firm, these get swallowed up very quickly by a fairly select bunch.

As former Labour minster Alan Milburn pointed out in his 2009 report, Fair Access to the Professions, law is one of the “most socially exclusive” fields to work in, and firms’ “closed shop mentality” means that connections, and ‘who you know’, is often prioritised above talent. It is unfortunate that this attitude isn’t limited to the legal profession.

Managing director of High Fliers Research, Martin Birchall says:

“This latest research confirms that taking part in work placements or internships whilst at university is now just as important as getting a 2.1 or a first-class degree”.

So what other options are available to those who haven’t managed to secure this ever-important addition to their CV?

With most core Universities offering hundreds of societies which welcome the participation of anybody and everybody, there is no excuse for not getting involved. It is not, either, impossible to go one step further and assume a volunteer role in the committees of these societies. Invaluable budgeting experience could be gained in the role as treasurer, for example, organisational skills for social secretaries and management skills for presidents.

Students need to make the most of opportunities that are there for them,  before it is too late and all that can be done to beef up the CV is to work tirelessly for free in the hope that one pitiful employer might eventually hire you for, you know, real money.

Or, following Adam Pacitti’s recent example, entry level aspirators could make their own opportunities. This 24-year-old Portsmouth University graduate spent his last £500 on a Camden billboard begging employers to ‘Employ Adam’. Inspired, huh? He is looking for a job in the creative field of television production, so let’s hope someone takes a punt on him soon and ends the unemployed misery of at least one former student.

But it’s not all bad news for the next generation to leave university. The outlook is good for the 2013 graduate job market, with an expected increase of 2.7 per cent. Perhaps that will go some way to reduce the approximate 50 per cent of graduates from last year who are under- or unemployed.

Hold on to your hats - graduate employment is a bumpy ride. Photograph: Getty Images
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Is Yvette Cooper surging?

The bookmakers and Westminster are in a flurry. Is Yvette Cooper going to win after all? I'm not convinced. 

Is Yvette Cooper surging? The bookmakers have cut her odds, making her the second favourite after Jeremy Corbyn, and Westminster – and Labour more generally – is abuzz with chatter that it will be her, not Corbyn, who becomes leader on September 12. Are they right? A couple of thoughts:

I wouldn’t trust the bookmakers’ odds as far as I could throw them

When Jeremy Corbyn first entered the race his odds were at 100 to 1. When he secured the endorsement of Unite, Britain’s trade union, his odds were tied with Liz Kendall, who nobody – not even her closest allies – now believes will win the Labour leadership. When I first tipped the Islington North MP for the top job, his odds were still at 3 to 1.

Remember bookmakers aren’t trying to predict the future, they’re trying to turn a profit. (As are experienced betters – when Cooper’s odds were long, it was good sense to chuck some money on there, just to secure a win-win scenario. I wouldn’t be surprised if Burnham’s odds improve a bit as some people hedge for a surprise win for the shadow health secretary, too.)

I still don’t think that there is a plausible path to victory for Yvette Cooper

There is a lively debate playing out – much of it in on The Staggers – about which one of Cooper or Burnham is best-placed to stop Corbyn. Team Cooper say that their data shows that their candidate is the one to stop Corbyn. Team Burnham, unsurprisingly, say the reverse. But Team Kendall, the mayoral campaigns, and the Corbyn team also believe that it is Burnham, not Cooper, who can stop Corbyn.

They think that the shadow health secretary is a “bad bank”: full of second preferences for Corbyn. One senior Blairite, who loathes Burnham with a passion, told me that “only Andy can stop Corbyn, it’s as simple as that”.

I haven’t seen a complete breakdown of every CLP nomination – but I have seen around 40, and they support that argument. Luke Akehurst, a cheerleader for Cooper, published figures that support the “bad bank” theory as well.   Both YouGov polls show a larger pool of Corbyn second preferences among Burnham’s votes than Cooper’s.

But it doesn’t matter, because Andy Burnham can’t make the final round anyway

The “bad bank” row, while souring relations between Burnhamettes and Cooperinos even further, is interesting but academic.  Either Jeremy Corbyn will win outright or he will face Cooper in the final round. If Liz Kendall is eliminated, her second preferences will go to Cooper by an overwhelming margin.

Yes, large numbers of Kendall-supporting MPs are throwing their weight behind Burnham. But Kendall’s supporters are overwhelmingly giving their second preferences to Cooper regardless. My estimate, from both looking at CLP nominations and speaking to party members, is that around 80 to 90 per cent of Kendall’s second preferences will go to Cooper. Burnham’s gaffes – his “when it’s time” remark about Labour having a woman leader, that he appears to have a clapometer instead of a moral compass – have discredited him in him the eyes of many. While Burnham has shrunk, Cooper has grown. And for others, who can’t distinguish between Burnham and Cooper, they’d prefer to have “a crap woman rather than another crap man” in the words of one.

This holds even for Kendall backers who believe that Burnham is a bad bank. A repeated refrain from her supporters is that they simply couldn’t bring themselves to give Burnham their 2nd preference over Cooper. One senior insider, who has been telling his friends that they have to opt for Burnham over Cooper, told me that “faced with my own paper, I can’t vote for that man”.

Interventions from past leaders fall on deaf ears

A lot has happened to change the Labour party in recent years, but one often neglected aspect is this: the Labour right has lost two elections on the bounce. Yes, Ed Miliband may have rejected most of New Labour’s legacy and approach, but he was still a protégé of Gordon Brown and included figures like Rachel Reeves, Ed Balls and Jim Murphy in his shadow cabinet.  Yvette Cooper and Andy Burnham were senior figures during both defeats. And the same MPs who are now warning that Corbyn will doom the Labour Party to defeat were, just months ago, saying that Miliband was destined for Downing Street and only five years ago were saying that Gordon Brown was going to stay there.

Labour members don’t trust the press

A sizeable number of Labour party activists believe that the media is against them and will always have it in for them. They are not listening to articles about Jeremy Corbyn’s past associations or reading analyses of why Labour lost. Those big, gamechanging moments in the last month? Didn’t change anything.

100,000 people didn’t join the Labour party on deadline day to vote against Jeremy Corbyn

On the last day of registration, so many people tried to register to vote in the Labour leadership election that they broke the website. They weren’t doing so on the off-chance that the day after, Yvette Cooper would deliver the speech of her life. Yes, some of those sign-ups were duplicates, and 3,000 of them have been “purged”.  That still leaves an overwhelmingly large number of sign-ups who are going to go for Corbyn.

It doesn’t look as if anyone is turning off Corbyn

Yes, Sky News’ self-selecting poll is not representative of anything other than enthusiasm. But, equally, if Yvette Cooper is really going to beat Jeremy Corbyn, surely, surely, she wouldn’t be in third place behind Liz Kendall according to Sky’s post-debate poll. Surely she wouldn’t have been the winner according to just 6.1 per cent of viewers against Corbyn’s 80.7 per cent. 

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.