1 00:00:00,120 --> 00:00:03,279 Speaker 1: We got insight from our next batch of university graduates, 2 00:00:03,320 --> 00:00:05,880 Speaker 1: who it turns out, not only confident about their job prospects. 3 00:00:05,960 --> 00:00:08,000 Speaker 1: This is a study that says one in five twenty 4 00:00:08,000 --> 00:00:10,959 Speaker 1: percent are very confident, which I assume means eighty percent 5 00:00:11,039 --> 00:00:14,080 Speaker 1: not so confident. Talent Solutions Director Sarah Wilson is with 6 00:00:14,200 --> 00:00:15,480 Speaker 1: us on this very good morning to you. 7 00:00:16,480 --> 00:00:16,919 Speaker 2: Good morning. 8 00:00:17,000 --> 00:00:19,400 Speaker 1: Would we say not confident? Why would you not be confident? 9 00:00:19,400 --> 00:00:20,960 Speaker 1: If you go? I mean it depends very much. If 10 00:00:20,960 --> 00:00:22,880 Speaker 1: you're going to get a med degree or a law degree, 11 00:00:22,920 --> 00:00:24,720 Speaker 1: You've got a job for life, basically, haven't you, and 12 00:00:24,760 --> 00:00:25,680 Speaker 1: you should be confident. 13 00:00:27,160 --> 00:00:30,240 Speaker 2: Yeah, Look, you're exactly right with the introduction. We do 14 00:00:30,320 --> 00:00:33,640 Speaker 2: have over eighty percent of students emerging with little to 15 00:00:33,760 --> 00:00:37,760 Speaker 2: no confidence about their job prospects. And look, students are 16 00:00:37,880 --> 00:00:43,640 Speaker 2: very dialed in to the current economic climate and understand 17 00:00:43,680 --> 00:00:46,479 Speaker 2: the link that when our economy is in flash, then 18 00:00:46,640 --> 00:00:48,880 Speaker 2: that has a direct impact on the number of job 19 00:00:48,920 --> 00:00:52,960 Speaker 2: opportunities available. So the key message is that we do 20 00:00:53,080 --> 00:00:57,360 Speaker 2: need government and industry continuing to invest in programs to 21 00:00:57,400 --> 00:01:01,360 Speaker 2: develop our young people. And matter is because if we don't, 22 00:01:01,560 --> 00:01:03,880 Speaker 2: we will continue to lose our young people across the 23 00:01:03,920 --> 00:01:07,399 Speaker 2: Tasman and that will make our businesses less competitive. 24 00:01:07,720 --> 00:01:10,600 Speaker 1: Do you think with your experience it's any worse than 25 00:01:10,600 --> 00:01:13,319 Speaker 1: it has been in any other economic downturn or not? 26 00:01:15,400 --> 00:01:20,160 Speaker 2: Great question. This is the worst level of confidence that 27 00:01:20,200 --> 00:01:22,920 Speaker 2: we've seen since we asked the question in twenty seventeen. 28 00:01:23,680 --> 00:01:28,000 Speaker 2: We have also seen in this year that unemployment is 29 00:01:28,000 --> 00:01:31,240 Speaker 2: the number one concern for students, and that was the 30 00:01:31,400 --> 00:01:36,039 Speaker 2: concern back in twenty twenty when we were in COVID. 31 00:01:36,600 --> 00:01:41,240 Speaker 2: So look, I think it is certainly worse and we 32 00:01:41,480 --> 00:01:45,440 Speaker 2: as a country need to be providing opportunities to graduates 33 00:01:45,600 --> 00:01:46,319 Speaker 2: or they will leave. 34 00:01:46,680 --> 00:01:50,160 Speaker 1: Exactly. I think something happened during profoundly happened during COVID, 35 00:01:50,600 --> 00:01:52,360 Speaker 1: and a lot of us got sort of down in 36 00:01:52,360 --> 00:01:54,240 Speaker 1: the dumps about it, and that would apply I'm assuming 37 00:01:54,280 --> 00:01:55,880 Speaker 1: to just young people as well. They see a big, 38 00:01:55,920 --> 00:01:57,600 Speaker 1: wide world and a lot of opportunity in it. 39 00:01:59,200 --> 00:02:03,480 Speaker 2: Look absolutely, and I think when organizations are facing cost pressures, 40 00:02:04,640 --> 00:02:08,200 Speaker 2: graduate internship programs can find themselves at the top of 41 00:02:08,200 --> 00:02:12,520 Speaker 2: the schedule for pruning that. Ultimately, as a country, we 42 00:02:12,680 --> 00:02:15,760 Speaker 2: need to be investing in young people otherwise they will 43 00:02:15,800 --> 00:02:18,480 Speaker 2: make the choice to go abroad. We know that Australian 44 00:02:18,680 --> 00:02:23,239 Speaker 2: salaries are much higher to about ten to fifteen k 45 00:02:23,440 --> 00:02:28,400 Speaker 2: higher on average than graduate salaries here, so it's definitely 46 00:02:28,480 --> 00:02:30,600 Speaker 2: something that we need to be investing in as a country. 47 00:02:30,800 --> 00:02:32,800 Speaker 1: Like you're insight well, then Sarah appreciate it. Sarah and 48 00:02:32,800 --> 00:02:36,919 Speaker 1: Wilson Talent Solutions directly. For more from the mic Asking 49 00:02:36,960 --> 00:02:40,000 Speaker 1: Breakfast listen live to news talks they'd be from six 50 00:02:40,080 --> 00:02:43,200 Speaker 1: am weekdays, or follow the podcast on iHeartRadio