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Graduate employment

A third of recent graduates are now working below their skill levels, according to ONS statistics. Around 36% of all those who graduated between 2005 and 2011 were found to be “underemployed” in non-graduate jobs, including hotel porters, waiters, bar staff and shop assistants. However, the ONS Labour Force Survey shows that graduates are still at an advantage over non-graduates in the jobs market. Graduates:

  • Are less likely to be unemployed
  • earn roughly 70% more per hour than non-graduates

Last year, the median hourly rate of pay for all graduates aged 21-64 was £15.18, 70% more than the non-graduate hourly rate of £8.92. For more information go to:

www.guardian.co.uk/money/2012/mar/06/recent-graduates-employmentlow-skill-jobs

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