The Graduate Labour Market

Abstract

Graduate destinations Graduate careers G. Nabi, R. Holden and A. Walmsley, (2006), " Graduate career-making and business start-up: a literature review " , Education and Training, Vol 48, No 5, pp373-385 Summary: This article provides a selective review of literature on the career-related decision-making processes in terms of the transition from student to business start-up. The purpose of this article is to provide a selective review of literature on the transition from student to business person and to present a range of writings/discussions on the nature and influences of support and guidance. Method: Primarily a critical review of a range of recently published literature (1995-2005) addressing the theoretical and practical aspects of the journey from student to start-up. The literature is divided into sections as follows: The graduate labour market • Details of the nature and development of the graduate labour market are discussed. Labour Force Survey figures that indicate steady increases in self-employment are also discussed and the establishment of the National Council for Graduate Entrepreneurship in 2005 it is suggested is evidence of the powerful commitment to graduate entrepreneurship. The number of Centres for Excellence in Teaching is also regarded as good evidence of the Government's commitment to equipping students with enterprising and transferable skills. Conceptual and definitional issues