University graduates’ perceptions of the COVID-19 recession: A survey of employment and individual post-graduation action plans

University graduates’ perceptions of the COVID-19 recession: A survey of employment and individual post-graduation action plans

Nguyen Thi Huong huongnguyenthi@tlu.edu.vn Thuy Loi University, Vietnam
Doan Thi Huong dunguong@tlu.edu.vn Thuy Loi University, Vietnam
Lam Thi Lan Huong lamhuong@tlu.edu.vn Thuy Loi University, Vietnam
Summary: 
Since the outbreak of the COVID-19 pandemic reached most countries globally, economies have suffered more or less a change in all activities. Vietnamese firms have been struggling with economic consequences associated with social distancing measures and lockdown. Firms in Vietnam have had to apply strategies of reshaping business, cutting costs and laying off staff. In this context, graduating students should have concerns. This study investigates their perceptions of the impact of the COVID-19 pandemic on employability and their perceptions of training gaps. The study explores what graduating students prepare to find a job after graduation and their future career intentions. In addition, the research is aimed at students’ proposals for universities’ support to help them cope flexibly with the changes brought about by the COVID-19 pandemic. The study used quantitative research methods, including an online questionnaire designed on Google Forms to collect data over a 3-week time frame in May 2020. More than 500 suitable responses were collected for descriptive statistical analysis with the support of SPSS software. The results of the study reveal that the final year students are well aware of the disadvantages when they graduate in the context of the COVID-19 pandemic. The majority of them are willing to accept the difficulties and adjust themselves to survive and have a job. This study proposes solutions to assist graduating students by providing justifications, adaptation and skill improvement sets for better employability. In addition, this study also highlights information for higher education institutions with students’ perceptions of career orientation and new skill training to respond to Vietnam’s market demands.
Keywords: 
COVID-19
employment
university graduates
students
Refers: 

[1] Ajzen, I. (1985). From intentions to actions: A theory of planned behavior. In J. Kuhl & J. Beckmann (Eds.), Action control: From cognition to behavior (pp. 11-39). Springer.

[2] Department of Business Registration Management. (2020, December 1). Business registration status in November 2020. Retrieved July 2, 2021, from https:// dangkykinhdoanh.gov.vn/vn/tin-tuc/597/5263/tinhhinh-dang-ky-doanh-nghiep-thang-11-va-11-thangnam-2020-.aspx

[3] Doan, T. H., & Nguyen, T. H. (2020). Awareness of challenges of final year students graduating from Thuyloi University during the economic downturn caused by Covid 19. Annual Scientific Conference, Thuyloi University.

[4] Fishbein, M. & Ajzen, I. (1975). Belief, attitude, intention, and behavior: An introduction to theory and research. Addison-Wesley.

[5] Forsythe, E. (2016). Why don’t firms hire young workers during recessions? University of Illinois.

[6] General Statistics Office (2021). Report on the impact of the COVID-19 epidemic on the labor and employment situation in the first quarter of 2021. Retrieved July 2, 2021, from https://www.gso.gov.vn/du-lieu-va-solieu-thong-ke/2021/04/bao-cao-tac-do...

[7] ILO (2021). World employment and social outlook - Trends 2021. Retrieved July 5, 2021, from https://www.ilo. org/wcmsp5/groups/public/---dgreports/---dcomm/--- publ/documents/publication/wcms_795453.pdf

[8] ILO & ADB. (2020). Tackling the COVID-19 youth employment crisis in Asia and the Pacific. https:// www.adb.org/publications/COVID-19-youthemployment-crisis-asia-pacific

[9] Kahn, L. B. (2010). The long-term labor market consequences of graduating from college in a bad economy. Labour economics, 17(2), 303-316.

[10] Oreopoulos, P., Von Wachter, T., & Heisz, A. (2012). The short-and long-term career effects of graduating in a recession. American Economic Journal: Applied Economics, 4(1), 1-29

[11] Vu, T. P. A. (2018, December 9). To make English a second language. Thanh Nien news. https://thanhnien.vn/ giao-duc/de-tieng-anh-tro-thanh-ngon-ngu-thuhai-1031449.html

[12] World Bank. (2021). Overview on Vietnam. Retrieved July 2, 2021, from https://www.worldbank.org/vi/country/ vietnam/overview

Articles in Issue