Graduate unemployment 'at a 17-year high'

UnderPressure

bristol_pilot wrote: »

Indeed. My advice to a well-qualified young graduate today would be to emigrate. Especially those with good degrees in technical subjects like physics and engineering. The world at large values you (and your British degree), even if your home country has no use for you (basically because the UK doesn't make anything anymore). And my advice to a budding mature student is 'don't bother'!

'Twas ever thus. Back in the early '90s I was a young grad and 80% of the people where I worked lost their job (I didn't - one of the lucky ones). Of those that went, those who had been working long enough to establish a track record were able to secure other employment. But some of those recent grads have never worked again at a professional level. We had a lost generation last time and the same is happening again.

Only when UK plc wakes up and starts making and selling stuff again will we get out of this mess. We cannot survive on a combination of servicing the mega-rich and selling houses to each other.

I could not agree with you more

Although I do hope you are wrong about the mature student, here's to hoping anyway :beer:

StevieJ

worldtraveller wrote: »

:rotfl:

You mention degree classification again, I didn't!

I think you may have a very big chip on your shoulder!

Well they are going an IT degree maybe they should be aware of the axiom GIGO

Masomnia

UnderPressure wrote: »

Sorry I have to say that although I am quite sure your figures will be factually correct the whole concept of one Uni being better than another is simply a crock of 5hi*! Or at least should be, if an employer is comparing UK education to foreign education then fair enough but to compare a degree which is essentially the same no matter where you gain it, is quite frankly ridiculous, how can the standard of a degree be determined from the uni it has been gained when we all study and learn exactly the same thing and everything is marked and graded using exactly the same rules?

Total rubbish, as said I am not doubting your figures I am simply saying it is ridiculous this should happen in the first place!

How can a History degree from Oxford be the same as one from Lincoln? (To use the Inbetweeners example!) It seems rediculous to suggest that they are equivalent.

The University isn't everything, though. As Lokolo mentions, his uni might not be highly regarded but for the subject he does (something computer related, can't remember, sorry!) it's probably very good.

tr3mor

Masomnia wrote: »

How can a History degree from Oxford be the same as one from Lincoln? (To use the Inbetweeners example!) It seems rediculous to suggest that they are equivalent.

It's some utopian Labour fantasy where thick people are as clever as clever people.

:money:

kabayiri

UnderPressure wrote: »

Terrible news especially for someone like me who as a mature student am about to start an IT degree!

You'll be fine. By the time you graduate the milk round will extend to Mumbai , plenty of IT jobs out there

StevieJ

bristol_pilot wrote: »

Indeed. My advice to a well-qualified young graduate today would be to emigrate. Especially those with good degrees in technical subjects like physics and engineering. The world at large values you (and your British degree), even if your home country has no use for you (basically because the UK doesn't make anything anymore). And my advice to a budding mature student is 'don't bother'!

Only when UK plc wakes up and starts making and selling stuff again will we get out of this mess. We cannot survive on a combination of servicing the mega-rich and selling houses to each other.

I think you will find that the UK is the 6th largest manufacturer in the world, so finding somewhere that 'makes more' is rather limited

abaxas

StevieJ wrote: »

I think you will find that the UK is the 6th largest manufacturer in the world, so finding somewhere that 'makes more' is rather limited

I think that is total value, ie we build lots of high value items which sadly dont employ millions of people.

Eg Rolls Royce etc etc

oz0707

Are the kid's over educated for most of the jobs available now? ie 100 graduates, perhaps 60 jobs requiring a degree.

bristol_pilot

We still have in Britain a few large companies that generate a lot of value, but apart from the high-tech end like Roll-Royce mostly these companies are only British in the sense of being quoted on the London stock exchange, the stuff is actually made in China.

StevieJ

abaxas wrote: »

I think that is total value, ie we build lots of high value items which sadly dont employ millions of people.

Eg Rolls Royce etc etc

Should be OK for the, top graduates that Bristol was alluding to in the post I was replying to then

Indeed. My advice to a well-qualified young graduate today would be to emigrate. Especially those with good degrees in technical subjects like physics and engineering.