Graduates to face crisis in jobs hunt

Graduates to face crisis in jobs hunt

Bea Carter, 21, is one of thousands of new graduates who are unemployed as 18-to 24-year-olds bear the brunt of the economic downturn.

This year's graduates face the toughest battle in a generation for jobs, with tens of thousands facing unemployment, according to evidence documenting the impact of the economic downturn.

Ministers are so concerned that they are drawing up a rescue package to help the class of 2009 find a job or get new skills when they graduate this summer. The proposals, from the universities secretary John Denham's office, will target the 18-24 age group amid fears that a generation of young people will be scarred by recession. They include an internship scheme where students would work at a reduced wage to gain experience. Four firms - including Barclays and Microsoft - have agreed to take part in the scheme, which is being called the National Internship Scheme.

Denham told the Guardian: "This year there will be a large number of graduates - the children of the babyboomers - and we are keen to make sure that they get as good a chance as we can give them to get jobs and build good careers. We will not leave them to fend for themselves.

Source: The Guardian Students

For the full article please visit http://www.guardian.co.uk/education/students


January 12, 2009, 10:15 am