Graduate unemployment increases 44% in one year

November 1, 2009 by admin  
Filed under Career News and Advice

Graduate unemployment has increased by 44% in 12 months and is now at its highest for 12 years, according to research released today.

Some 7.9% of students who left university in 2008 were out of work in January, the Higher Education Careers Services Unit (HECSU) found, up from 5.5% the previous year. HECSU warned the picture could be even worse for those graduating this year. The last time levels of joblessness were so high was in 1995-96.

The research found that recruitment in the public sector bucked the downward graduate employment trend, with the number of graduates entering healthcare, teaching and social work increasing.

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