With youth employment levels severely reduced by the economic recession it is obvious that newly students are not immune from the consequences of economic difficulties. A number of graduates are reducing their ambitions and considering less well paid careers then they no doubt anticipated when they first commenced their further education studies. Work from home options, for example Online jobs are being contemplated even if only as a stop gap solution until the economy begins to pick up.

The consequence though might be a number of graduates establishing themselves in Work from home opportunities. We could find in times to come that the present shortage of work opportunities has driven lots of graduates, and others, into a self employed lifestyle and this could cause a skills deficit later as graduates reap the rewards of running their own businesses. It’s also a fact that people who work from home become accustomed to a no commuting lifestyle and become reluctant to seek out more traditionally based jobs.

There appears to be however no suggestion that those educated to degree standard are more successful in self employment than non graduates. Academic prowess does not necessarily prepare individuals for the cut and thrust of controlling a venture so the work from home self employment effect could well be cooled by some business failures. Or it could be the case that many who test self employment discover it simply not to their taste and go back to the job market in improved times.

On the whole though, it does seem likely that the present economic downturn is likely to spawn a new generation of entrepreneurs. And an increase in the popularity of working from home would also be a welcome trend. As is normally the case it will most likely be the young, university educated or not, who provide the lead in this possible working trend.