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Degree still worthy, graduate job hunters told
Thursday, 10 September 2009
Life after graduation
Despite the recession meaning that those who have invested three years or more into getting their degree are looking at a reduction in graduate jobs, one group has reminded them that their qualifications are still important.
Graduate Prospects, which helps university leavers find employment, said that although opportunities have dried up somewhat, degree-holders will find their employability increase when the recession lifts.
It added that graduate job salaries will also have taken a hit in the past year or so, but they will be up again when the economy is back on track.
Charlie Ball, deputy research director at Graduate Prospects, said: "Earnings over a lifetime are, on average, significantly higher. That's not to say you can't make a respectable career for yourself without going to university, but it's an awful lot easier if you do."
A recent report from the Organisation for Economic Co-operation Development said that a candidate with a degree will always be more attractive to potential employers than one without.