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Archive | July 4th, 2010

Record high unemployment among young graduates in UK

graduatesThe youth unemployment in Britain, educated, could reach record levels due to planned cuts in public spending. This warning by the British Centre for Career Development, Air Force forward. The center of Higher Education Careers Service (HECSU) indicate that as many young people graduating college, seeking employment in the public sector, they are particularly vulnerable under the proposed cuts. The working positions which they normally cupy, are not considered so important by the government to be maintained. If one fifth of the 39 thousand just graduates who start work in the public sector each year lose their jobs, it will double the unemployment rate in this population group. It is expected that about 600 thousand jobs in the public sector to be cut by 2016. According to Charlie Ball Higher Education Careers Service of unemployment graduates young people can reach over 20% and even 25 percent, since its highest level was recorded in 1983 at 13.5 percent.
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