Großbritannien Absolventen mit dem schlimmsten Arbeitsmarkt seit 2018 im Aufstieg der KI, sagt tatsächlich

The OECD has found that England has the highest proportion of overqualified workers among the 31 countries surveyed. Specifically,37%of workers in England are considered overqualified for their current jobs, exceeding the OECD average of 23%. This means nearly two in five workers in England hold qualifications above the level typically required for their roles.

[https://www.independent.co.uk/news/business/university-england-overqualified-report-jobs-b2661856.html#:~:text=Nearly%20two%20in%20five%20(37,OECD%20countries%2C%20with%20data%20available](https://www.independent.co.uk/news/business/university-england-overqualified-report-jobs-b2661856.html#:~:text=Nearly%20two%20in%20five%20(37,OECD%20countries%2C%20with%20data%20available).

To those posting that we need to give more grants and loans out, it is simply unfeasible currently and does not look to be getting any better. The simple truth is, fewer people should go to uni, we need fewer universities in general, grants and loans should only go to those truly academically gifted, not 50% of the population, 50% of which will never pay it back.

Higher Education needs a rethink, Uni should not be pushed on to children, but integrated into adults working lives, so they can upskill in relevant skills during their lifetime. Uni places need to be based on what are the requirements of the country and job market.

Inevitably this thread will fill up with opinions about how useless it is to go to university. I couldn’t disagree more.

We want a nice educated populace. People spending an extra 3 years learning how to validate evidence, form arguments and gain resilience to fallacies can only benefit this country.

Good job the trades are all extremely out of fashion then

All uni did for me was create 60k debt which increases every year due to the insane interest rates. My fault for choosing a niche subject which I ended up hating by the end of the course.

I graduated in 2008 and the jobs market then was diabolical. My career is behind those who graduated over the next 3 years because they had much easier times getting a foot in the door.

I work in AI implementation consultancy. It has nothing to do with AI. Indeed are just chasing headlines.

Why are so many people here commenting on student loans and not realising it’s not really real debt (like taking a bank loan), but one that pops up and disappears after 30 years if you don’t pay it back?

I graduated 7 years ago and have repaid little to none, because of its interest increasing every year and also not earning enough to offset the interest accumulating.

It’s based on your income and that’s it. The interest on it also sounds scary, but it’s part of the whole thing and pops up and disappears as well after the 30 years.

I’ve also had friends who went back to their home countries abroad after graduating and even between jobs, SLC make no problems, as long as you declare you don’t have income.

It’s literally free to get hugher education in the UK and increase employability (unless you took additional bank loan for accomodation through your 3-year study time).

Yet, I’ve spoken to so many smart people, afraid to do degrees here because they don’t understand the T&C’s.

The job market is always pretty shitty. Has been the entire time I’ve been alive.
The only brief moment of relief came during the pandemic. WFH and furloughing improved everything quite a bit, but it sadly pushed parliamentary ethics into the gutter at the same time. There won’t be anything to protect people when the next big shock happens, or when jobs are slowly whittled down by automation. Self interest will eventually balance things though.

I do dislike AI, although I use it with reluctance anyway as I work in selling tech. I think we’re going to have a few years where the relative ignorance of the geriatric management class is going to cause all sorts of wild business decisions. For every hundred jobs lost, we’ll see a company tank from trimming them. That will disrupt markets, and I reckon we’ll see boutique businesses that focus on the human element with AI tools to make them excel, and cheaper versions where you’re at the mercy of the AI and just deal with the risk for the price.

If I was a new graduate I would not worry about this too much. I would accept that you’re probably not going to get the job you want and get one which gives you the most free time. Employers may say they care about AI skills now, but they really just want a normal sociable person. The managers want a real person to do things after being told, irrespective of whether those things are needed. AI can’t replace managers because the businesses only exist to ensure that managers also exist. Societally speaking they’re just mechanisms for nepotism and empire building to direct our energies from taking parcels of land each and killing each other. The government wants to keep the majority of the land, and the lesser tyrants want to keep the majority of the profits for the least incentive-outlay possible. When too much fat is trimmed, they’ll feel the need to reinvest for some reason. It’ll take a half-decade though like when the call-centres outsourced then mostly bounced back, except for more people at once.

Might as well take the natural break from the rat-race and work on being interesting and sociable. Side-hustles are a better use of time than application forms.

There’s a lot of articles spouting AI taking roles and discussing large job cuts at places like Microsoft (which seem to cut jobs yearly) and no actual connection to say a Graduate role that is being done by AI.

What graduate role is being taken by AI? AI is still very much in its infancy and not as strong as you might think – it needs a lot of human input and communication.

I feel it’s just being used as a hyperbole and excuse for job cuts by the media without actually investigating the causes

Rising employer contributions and rates are a bigger reason for cuts I imagine – that and the economy at least in the UK is in recovery – offshoring is also a big factor.

It’s not just AI, that’s a little bit of a misnomer. The real main culprit is off shoring.

Britain’s job market, especially for ‘skilled professionals/graduates’ is extremely centred around office jobs, and a side effect of the covid pandemic was showing that these can mostly be done from anywhere with an internet connection.

Any job that doesn’t require physical actions can be done by someone abroad for a fraction of the salary/benefits/workers rights and with very little drop off in output

I am a lecturer in statistics in a UK university (top 25 but not top 10) and this is my experience.

The critical thinking ability of most of the students is close to 0. The only way to get them to pass the exam is to write exercises that are basically a straightforward application of a formula. As soon as the exercise requires some thinking, they panic and can’t answer. Some even have the audacity to complain that they haven’t seen the exact same question in class. There are obviously a few exceptions.

I don’t know if it’s because they’re not smart or because they’re lazy, but I can tell you for sure that I I’m not training the next generation of critical thinkers.

its almost as if something every professional said was going to happen is starting to happen oooh the shock

The AI in IT is more “Accenture + Infosys” and all the other crappy offshore body shops.

Isn’t this just a rehash of learn to code with the miners a few years ago