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Most graduate jobs 'will avoid economic downturn'
News Article Published:
Friday, 25 July 2008 Category:
Careers
|
Job hunting
The current economic difficulties are unlikely to have a wide-ranging impact on graduate jobs, one expert has claimed.
According to Dr Charlie Ball, chief researcher for the Higher Education Career Services Unit (HECSU), what impact there has been on graduate employment has been limited to the financial sector and things are likely to stay this way.
He explained that the finance industry would be hit as it is must vulnerable to economic downturn.
"There is less evidence that it is spread very widely in the economy, where a lot of other graduates go," Dr Ball said.
Earlier this week, Bill Rammell, minister of state for lifelong learning, further and higher education, claimed that graduate jobs are the starting point for rewarding careers.
In a letter to the Times, he also pointed out that those with a university education could expect to earn "considerably more" over their working life than people without a degree.