Yet another report and collection of statistics appeared during the week to confirm what many of us suspected - that a lot of university education was a waste of time. Apparently, 43% of students who graduated in 2005 have still not found a full-time job. Some are trying to get more qualifications to improve their prospects and are still in full-time education. Others have part-time jobs. And some are simply unemployed. Part-time jobs are, typically, shelf stacking in supermarkets. As we would expect a large proportion of these ex-students have degrees in useless subjects - media studies is top of the list. Students who qualified in engineering and technology have done much better - which, I suppose, is heartening in a way.
These figures were based on last year's conditions. Things are going to get worse as more pour out of the universities this year looking for work while unemployment rates are rising. Blair dreamt up the idea of sending everybody off to university to keep the unemployment statistics under control but, in the end, the chickens will come home to roost.
At the other end of the employment graph, we have been making middle-aged people unemployed but calling them retired so that, again, the unemployment figures could be kept low. Now we have too many pensioners. So what will the spin merchants do now? I think we need to encourage emigration. This will help change the figures and, an added advantage, it will balance the uncontrolled immigration that has been going on for the last few years.
You know it makes sense.
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