The BBC is reporting that the majority of UK university graduates are working in non-graduate jobs with over-qualification at “saturation point”.
Overall, 58.8% of graduates are in jobs deemed to be non-graduate roles, according to HR industry body, the CIPD.
It said the number of graduates had now “significantly outstripped” the creation of high-skilled jobs.
The CIPD said the report’s findings should be a “a wake-up call”.
“The assumption that we will transition to a more productive, higher-value, higher-skilled economy just by increasing the conveyor belt of graduates is proven to be flawed,” said Peter Cheese, chief executive of the Chartered Institute of Personnel and Development.
The report found the issue was leading to “negative consequences” including employers requesting degrees for traditionally non-graduate roles despite no change to the skills needed for the role.
As a result, it found graduates were now replacing non-graduates in roles and taking jobs where the demand for graduate skills was either non-existent or falling…
So we are encouraging young people to take on £50k of debt to end up with jobs that have no need for the skills they are learning – are we sure this is a good idea everyone?
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