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Issue 6 is Out Now

The Summer 2009 issue reports on why today’s kids grow up faster – and how to handle it, ‘My summer with Obama’, a gap year on the campaign trail, hints on how to find work in a recession, asks is the fashion world a suitable place for school kids to make money, and much more.

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It’s hard enough for kids to find work to fund gap years, let alone future careers. EmilyJenkinson assesses young people’s job prospects and offers some solutions

Vacancies for graduates have fallen for the first time since 2003, with the graduate job market expected to fall a further 5.4 per cent in 2009, according to the annual survey conducted by the
Association of Graduate Recruiters. No surprises there, then, in this current climate, but it’s not just graduates who are struggling to find work. School leavers trying to raise money for their gap years, as well as students simply looking for holiday work, are also feeling the impact of the recession, and financial support from parents can’t always be relied upon. So how are young people supposed to cope?

For the school leavers of 2008 going on to do gap years, it has been noticeably harder to raise money according to Tom Pope, who left Tonbridge School last year and is spending January to July this year volunteering in a prep school in Cape Town. He started planning his trip in July last year and had to raise £2,000 to fund it. “I raised all the money on my own. My parents were fairly reluctant to give me any money at all – a bit tighter than they would normally be. It was very hard to find work. Far from being able to hire young students, companies were having to fire some of their oldest and most trusted employees.”

Another gap year student, Nick Mason, left Eton in 2008 and is spending five months travelling the world. He raised £4,000 working for an internet company in London, but agrees that “work didn’t come that easily”. Nick as lucky to receive financial aid from his godfather, who helped fund part of his ticket, but admits that asking for money in a recession can be an “awkward question”. As one parent remarked, “Unless it’s a niece or a godchild, I don’t give anymore. We’re all feeling poorer and I have to draw the line somewhere.”

With regards to their future job prospects, gap year students are relieved not to be facing the graduate market now, but, as Nick points out, “It may well be difficult for us to find holiday work.” Certainly for undergraduates, finding those holiday jobs and internships is not as easy as it used to be...

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