Thursday 12 May 2011

Got a degree? You will face hard times!

The unemployment rate for graduates has doubled from 10 per cent to 20 per cent since the economic downturn started in 2008.

According to official data from the Office for National Statistics (ONS), it also emerged that graduates have been hit harder by the economic downturn than the UK as a whole.


The Centre for Economics and Business Research (CEBR) found that graduates of historical and philosophical studies, law and languages were more likely to end up in low-skill jobs, while those studying medicine and dentistry or veterinary science can reasonably find a job in their field of interest.


While student leaders said the latest figures risked deterring more young people from higher education, teenagers are now being told to consider whether university is worth the investment if they want to secure highly skilled jobs, especially after December 2010, when MPs voted to increase university tuition fees up to £9,000 per year.


It is definitely a hard time for those graduates who want to start a career, as most of them have to accept menial jobs in order to get into work and stay in employment.

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