Guardian Jobs

May 23, 2011 05:59 ET

Is a Degree Really Worth It? Ask Guardian Jobs

60% of recent graduates fail to find a graduate job, whilst demand hits an all-time high

LONDON, UNITED KINGDOM--(Marketwire - May 23, 2011) - Following the news that nearly two thirds of recent graduates fail to find graduate jobs in the three years following graduation, Guardian Jobs are today asking the question 'is a degree really worth it'?

New research conducted by talent management provider SHL, which polled 1,000 recent graduates and 350 graduate recruiters found that 60% failed to find a graduate job in the three years following graduation, 40% would not have chosen not to gone to university if they had to pay 9k fees each year and 73% would consider moving abroad to find work, with a better salary the main impetus.

Despite this, another new survey has found that demand for graduate jobs is at an all-time high. The UK Graduate Careers Survey 2011 by High Fliers Research revealed that there were 343,000 graduate job applications in the 2010-11 academic year, up one-third from the previous year.

A spokesperson for Guardian Jobs said today "These findings are very interesting. Although more and more graduates are struggling to find jobs that reflect their degree level of education, demand for such jobs is at an all-time high."

"Candidates that choose to bypass university and go straight into work essentially have a three year head start on the career ladder. In the long term those with a degree tend to earn more, but with so many graduates struggling to get that first foot on the ladder, increasing numbers may choose to forgo the degree and head straight into the workplace."

"Graduates really must do all they can to give themselves a head start in the graduate jobs market, such as ensuring they prepare their CV to the highest standard they can."

To help graduates get the right job, Guardian Jobs have partnered up with The Fuller CV to offer a free CV checking service that promotes the message 'just say no to bad CV advice' and highlights the importance of getting your CV checked over by an expert.

To browse Guardian Jobs extensive selection of jobs, and for advice on how to best prepare your CV for the jobs search, visit the Guardian Jobs website.

Notes to editors

Guardian Jobs has been the market leader in recruitment across the quality press for almost 20 years. With an audience comprising high quality jobseekers, Guardian only list the highest calibre vacancies in sectors that include Media, Education, Government, Graduate, Secretarial, Charities, Marketing, Social Care and Arts among others.

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  • Sophie Relf
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