New Times,
New Thinking.

  1. Business
  2. Economics
6 March 2012updated 22 Oct 2020 3:55pm

Chart of the day: graduate unemployment

Unemployment among recent graduates now stands at 18.9 per cent.

By George Eaton

New data from the ONS shows just how poorly recent graduates have fared since the recession began. Joblessness among those who graduated 0-2 years ago now stands at 18.9 per cent, compared with a general unemployment rate of 8.4 per cent. However, this is still lower than the peak of 26.9 per cent seen following the recession of the early 1990s.

A

Graphic by Henrik Pettersson

Unemployment among less recent graduates is significantly lower. For those who graduated 2-4 years ago, the rate stood at 6.7 per cent in the final quarter of 2011, while for those who graduated 4-6 years ago, the rate stood at 4.4 per cent.

Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
THANK YOU

Content from our partners
The UK’s skills shortfall is undermining growth
<strong>What kind of tax reforms would stimulate growth?</strong>