Stat of the day: 55%

The proportion of this year's graduates who'll be unemployed or working in non-graduate jobs six months after they finish university.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
If the prospect of paying £9k a year in tuition fees isn’t daunting enough, the chance of getting a good job after graduation is looking increasingly small. More than half of students who graduate this year can expect to be working in non-graduate jobs six months later – or even face unemployment altogether – according to research published by the Association of Accounting Technicians (AAT).

Apparently, 55% of the class of 2011 will struggle to get a foot on the career ladder - up 3% from last year’s figures. Some 20% of graduates were out of work this year, the highest number in a decade. 

The government still maintains that a degree is a good investment. But comments by McDonalds UK boss Jill McDonald (no relation, we presume) about finding work straight after school may strike a chord among young people concerned they face sky-high tuition fees, only to go straight into low-skilled work afterwards. And that’s if they’re lucky. 

Find this article useful?

Get more great articles like this in your inbox every lunchtime

What pushy fish can teach you about influence at work

Research into marine power struggles casts light on the role of influence and dominant bosses...

The traits that will see you through Act II of the COVID crisis ...

Executive briefing: Sally Bailey, NED and former CEO of White Stuff.

What's the most useful word in a leader’s vocabulary?

It's not ‘why’, says Razor CEO Jamie Hinton.

Lessons in brand strategy: Virgin Radio and The O2

For brands to move with the times, they need to know what makes them timeless,...

Why collaborations fail

Collaboration needn’t be a dirty word.

How redundancies affect culture

There are ways of preventing 'survivor syndrome' derailing your recovery.