Graduates face highest unemployment rate since austerity era
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Unemployment among recent graduates has risen to levels last seen during the austerity era, with young people worst affected by job shortages due to the pandemic, according to official data.
The unemployment rate for recent graduates in England aged 21 to 30 reached 6.3% in 2020, after it had gradually fallen over nearly a decade since a peak of 6.5% in 2012, in the middle of the coalition government’s austerity drive.
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