On the bus to the Headingley Campus today, the headline of the Metro read ‘A job will be lost every 25 seconds in recession’. With my education mounting up a large amount of debt in the form of student loans and the only real opportunity to earn enough money to put towards accommodation fees, I can’t help but worry about the future.
As more and more companies begin to get hit hard by the recession, how many more jobs will be lost? And where will the cuts be made? Will it be in PR?
For an organization, making cuts in the PR department may prove unwise in the long run. Yes there will initially be money saved in wages and resources, but without any means to get effective coverage for the product or service that the company offers then sales will take a turn or the worse, especially in today competitive market.
However, this doesn’t stop those student who have put everything on the line from fearing the future: Will there be a job at the end of this degree?
I think the last two generations (enjoying post-war peace and prosperity) may prove to have been a historical aberration. Yours is a more uncertain future.
But I hope that education – if it’s any good – will help prepare you for change and uncertainty. Besides, there will still be winners (alongside a larger number of losers). I’m still very optimistic about the future of the best PR graduates, based on the conversations I have most weeks with employers.
I think your definitely right about the last two generations and i truly believe that my generation is going to have their work cut out. It should be the extra push for all students to put our full effort into our studies and work experience as we’ll have to stand out from the competition now more then ever once we finish our degrees.