According to research conducted by The Career Insight Groups youth career coaching business TwoPointZero, Over three quarters (79%) of young Aussies believe their schools or universities have failed to prepare them for the world of work, according to the latest research from youth career coaching firm, TwoPointZero.
With youth unemployment sitting at double the national average (13.1%), the study suggests more needs to be done to bridge the gap between the classroom and the boardroom.
Despite Federal Government introducing a series of quick fix training and internship schemes, Steve Shepherd, CEO at TwoPointZero, believes while they might treat some of the symptoms, they fail to address the root cause.
“We need to think about what young Australians are lacking to start their careers,” says Shepherd. “Our research clearly shows the issue isn’t just jobs but the lack of preparation and advice our educational institutions offer. So, not only do we need to create real jobs, we need to revamp our educational institutions to better prepare young Australians for the world of work, whether it be providing interview skills, resume preparation or job search techniques.”
The study also found more than two-thirds (70%) of young Aussies found it difficult to secure a job that is in line with the career they had in mind, further fuelling the 20% underemployed, settling instead for casual and part-time positions in place of meaningful full-time roles.
In many cases, desperate young Aussies are struggling to find any work at all, with one-in-eight (13%) claiming to have applied for 50 or more roles before they land their first job.
“The current employment landscape is a challenging one for young Australians,” added Shepherd. “Automation, the move towards a contingent workforce and the reduction in entry level jobs is making it extremely difficult for our future workforce to transition from education to a career.
“How, in this ever evolving workforce, do you find and pick a career that is right for you? Without proper guidance and help early on, young Aussies can become disillusioned with the labour market or let skills they have learnt go to waste in jobs not relevant to them.”
Mr. Shepherd is calling on Government, businesses and educational institutions to think bigger than creating internships, if we are to address our youth unemployment problem. Australia needs to better plan for the future, by better preparing for the new world of work. And this starts in our schools and universities.
TwoPointZero commissioned Pure Profile to conduct a survey amongst 1,000 16-24 year olds across Australia.
|% of young Aussies agree their educational institute has not prepared you for the world of work||79%||85%||76%||76%||85%||74%|
|Unemployment Rate, June (15-24 year olds)||13.1%||10.9%||12.4%||13.9%||17.6%||11.6%|
|% of young Aussies that have found it difficult to find a job that is in line with the career they had in mind||70%||74%||70%||65%||77%||64%|
|% of Aussies who have applied for more than 50 roles before finding their first job||13%||10%||12%||15%||22%||15%|