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Risk Factors of Young Graduates in the Competitive E.U. Labour Market at the End of the Current Economic Crisis

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dc.title Risk Factors of Young Graduates in the Competitive E.U. Labour Market at the End of the Current Economic Crisis en
dc.contributor.author Kačerová, Eliška
dc.relation.ispartof Journal of Competitiveness
dc.identifier.issn 1804-1728 OCLC, Ulrich, Sherpa/RoMEO, JCR
dc.date.issued 2016
utb.relation.volume 8
utb.relation.issue 3
dc.citation.spage 38
dc.citation.epage 51
dc.type article
dc.language.iso en
dc.publisher Tomas Bata University in Zlín
dc.publisher Univerzita Tomáše Bati ve Zlíně (UTB) cs
dc.identifier.doi 10.7441/joc.2016.03.03
dc.relation.uri https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=224&cp=
dc.subject labour market en
dc.subject young graduates en
dc.subject unemployment en
dc.subject success en
dc.subject college students en
dc.subject risk factors en
dc.subject Czech Republic en
dc.description.abstract Modern development trends in the labour market have been an increasingly important political and economic issue not only domestically but also on the European level. It proves the fact that in The Europe 2020 strategy, one of the main five points is the aim to increase the employment rate of the population (age: 20–64) from the current 69% to at least 75%. Various risk groups of job candidates emerge among the unemployed. The economic crisis in 2007 made the situation in the labour markets worse. The demand for labour decreased while the number of candidates increased. In recent years, fresh graduates under the age of 25 have been regarded as a high risk group sometimes nicknamed “the lost generation” or Generation Y. This generation is well accustomed to modern technologies which they use for their own benefit and they are willing and able to work from anywhere. On the contrary, those over the age of 35, who are sometimes referred to as Generation X, have different attitudes and requirements for the labour market. Despite the increasing level of education among young people, their unemployment has been worsening since the economic crisis began. The aim of this article was to ascertain how future university graduates (491 final-year students from 5 faculties at Tomas Bata University in Zlín, Czech Republic) perceive individual risk factors influencing the success of today’s graduate of Generation Y in the competitive labour market. The target group, future university graduates, evaluated 13 risk areas on a five-point scale. These 13 risk areas were identified based on primary research among 1.059 employers in the Czech Republic, which is a part of a complete two-year research project IGA/FaME/2013/030. This article focuses on only two areas which closely analysed the perception of graduates as drifters, and their demands for high starting salaries. These two risk areas were mentioned by employers as the areas with the highest risk and therefore, these areas are examined in detail by the future graduates. A partial conclusion of this study indicated that future graduates, in comparison with the initial risk factor of high turnover, see much higher risk in their inability to solve problems, high initial costs of training or a lack of independence. It is the opinion of graduates, how these factors see the employers. On the other hand, graduates consider a lack of IT knowledge or few ideas/suggestions for improvement and innovation as less risky as high turnover. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1007083
utb.identifier.obdid 43875075
utb.identifier.wok 000411798100004
utb.source j-orig
dc.date.accessioned 2017-07-25T08:54:55Z
dc.date.available 2017-07-25T08:54:55Z
dc.description.sponsorship FaME TBU [IGA/FaME/2013/030]
dc.rights Attribution 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Kačerová, Eliška
utb.fulltext.affiliation Ing. Eliška Kačerová Tomas Bata University in Zlín Faculty of Management and Economics Mostní 5139, 76001 Zlín, Czech Republic E-mail: ekacerova@fame.utb.cz
utb.fulltext.dates -
utb.fulltext.sponsorship The author is thankful to the Internal Grant Agency of FaME TBU No. IGA/FaME/2013/030 “Risk Factors in the Application of University Graduates on the Czech Labour Market after 2008” for financial support to carry out this research.
utb.wos.affiliation [Eliska, Kacerova] Tomas Bata Univ Zlin, Fac Econ & Management, Mostni 5139, Zlin 76001, Czech Republic
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Attribution 4.0 International Except where otherwise noted, this item's license is described as Attribution 4.0 International