Graduates in the labour market 2012

As I have already talked about in other posts, recent graduates are talking on more and more lower skilled jobs and are increasingly facing longer periods of unemployment.

The Office of National Statistics have complied data about this. Below is a short video outlining their findings.

[youtube:http://www.youtube.com/watch?v=39Hvxw2XNGk]

The trend is to my mind not very healthy for society. First graduates are talking jobs from those that are less skilled. This only compounds the overall unemployment levels of this country. Secondly individuals must be questioning the point of their degree and higher degrees. Financial as well as personal sacrifices are made to gain a good education, unfortunately for many this is not really going to pay off.

The report itself is available in pdf format here.