New grads and first-time job seekers are often frustrated by the conundrum of job experience and training as is dissected in the Entry Level Hiring Infographic.
While experience is essential, even for most entry level positions, 85% of educational institutions don't teach or provide the necessary training or skills required in the workforce. Having graduated with nothing but four years of university education under their belts, graduates are forced to take on part-time jobs to make ends meet or apply for an internship that may be paid or unpaid and may or may not lead them in the door to their desired career.
Though everything seems uncertain, it's comforting to know that internships that provide the necessary training in the related field do exist, which is why it's important to do the required research before applying to save applicants and potential employers time.
Critical Career Training Stats
Entry Level Hiring Infographic Reveals Flawed System for New Grads
Trend Themes
1. Workforce Training Gap - 85% of educational institutions don't provide the necessary training or skills required in the workforce for entry-level positions, creating a gap that needs to be addressed through innovative training solutions.
2. Paid Internships - As graduates are forced to take on part-time jobs to make ends meet or apply for unpaid internships, there is a growing demand for innovative paid internship solutions that provide necessary training and career development opportunities.
3. Alternative Education - The flawed system for new grads has created a demand for alternative education methods, including online courses, bootcamps, and apprenticeships to develop the necessary skills for the workforce.
Industry Implications
1. Education Technology - Edtech companies have an opportunity to provide innovative training solutions for the workforce training gap through online courses and immersive learning experiences.
2. Human Resources - HR professionals can play a key role in developing innovative internship programs that provide necessary training and career development opportunities for new grads.
3. Career Development Services - Companies that offer career development services can capitalize on the demand for alternative education methods and training solutions for new grads, such as bootcamps and apprenticeships.