The graduate crisis: hundreds of thousands sign on to welfare
More than 700,000 graduates have signed on to welfare
The myth is surely shattered; university is not a springboard into the future and a degree does not guarantee you a job. New analysis reveals that over 700,000 university graduates are out of work and claiming benefits. The Centre for Social Justice (CSJ), which studied data from the Labour Force Survey and the Department for Work and Pensions, claims that graduate joblessness is significantly higher than previously thought.
The findings are stark. Of the more than 700,000 unemployed graduates, 400,000 are currently claiming Universal Credit while more than 100,000 are claiming at least one other benefit. Most shockingly, nearly a quarter........
