Public sector cuts could cause record graduate unemployment warns HECSU

Public sector budget cuts of around 25% could hike graduate unemployment to unprecedented levels, leading to a graduate unemployment rate of over 20% reports the Higher Education Careers Services Unit (HECSU) today (1 July 2010). Charlie Ball, deputy research director at HECSU, forecast last year’s graduate unemployment to be in the region of 7.5%. It was reported at 7.9% in January 2009, which is around 22,000 graduates. With a higher proportion of the public sector qualified to degree level than the private sector, the recently announced cuts could have a disproportionate effect on graduates... read more

Graduate Prospects
June 10