FDM Group speaks out against shocking youth unemployment figures

FDM Group speaks out against shocking youth unemployment figures

The Office for National Statistics has revealed that youth unemployment rose sharply by a staggering 78,000 to 973,000 in the three months to July.
 
Employment Minister, Chris Grayling, admitted that these figures are “far too high” and accepted that the jobless rate of 16-24 year olds is “still a big challenge”.
 
The UK’s largest IT graduate employer, FDM Group, is dedicated to supporting a decline in these figures and has spoken out against this latest surge.
 
FDM CEO, Rod Flavell, said, “Unfortunately, it is graduates who are suffering the most in this current labour market. Fresh graduates often lack the skills and experience needed to land the roles they deserve and the situation has only been aggravated by the growing force of an unpaid internship culture.”
 
As the ‘Best Technical Graduate Recruiter’ of 2010, FDM Group, has sought to lessen the current crisis by doubling its graduate intake this year.
 
The company will be recruiting a whopping 1,000 graduates in the UK and has already recruited over 600.
 
Not only does the firm supply graduates with the specialised technical training needed to launch an IT career, but the company is also renowned for offering university leavers stability by employing them for a minimum of two years.
 
Throughout this time, FDM IT Consultants are placed within one or more of FDM’s 200 blue-chip clients and often gain the commercial experience needed to land their dream jobs.
 
FDM IT Consultant, Raj Vadgama, said, “My employment at FDM has provided me with a golden CV and should enable me to easily progress in the future. I am currently working for a tier one investment bank and to be honest an opportunity like this wouldn’t have been easily available to me without FDM.”
 
Importantly fresh talent is also in high demand within the IT industry.
 
According to the latest e-skills Labour Market Bulletin the number of IT and Telecoms professionals seeking work between October and December last year fell by 12% to 95,000.
 
In contrast the number of advertised vacancies within the industry rose by 4% to 105,000, leading to a potential labour shortfall of around 10,000.
 
Catapulting graduates into an industry that is in the midst of a skills shortage may work to reduce the current youth unemployment rates whilst simultaneously supporting the IT industry.