The Next Generation Of Franchising

The Franchise Magazine:

This summer university graduates across the UK will be entering one of the toughest job markets in years, for some it could provide the ideal opportunity to launch their career as a franchise owner.

Final year university students are facing one of the toughest job markets in decades. University leavers not only have to compete with other recent graduates, but also those who have been made redundant due to the recession. As well as this, many employers are cutting the number of recruitment targets for 2009 in an effort to steer their businesses successfully through the economic downturn.

Having been sheltered from the economic climate while at university, final year students now have to face up to the tough job market that awaits them. Research carried out by High Fliers Research, which conducted face-to-face interviews with 16,357 students at 30 universities across the UK, found that 52 per cent of students thought the prospects for new graduates were very limited, 36 per cent did not expect to get a graduate job this year, 48 per cent feared they may be made redundant within a year of work and 42 per cent feared if they did get a graduate job the employer would withdraw the offer before they started work.

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