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Graduating into the mouth of the Recession

The graduates of 2009 have already had to deal with the new ?3000 per year university top up fees so in the contextual scheme of things, it does seem very unfair that they should also have to deal with graduating right into the middle of the credit crunch. Unsurprisingly, this has resulted in the highest rates of unemployment amongst new graduates in a long time, both in Britain, North America and many other places across the globe.

To make matters worse, many popular graduate schemes were forced to reduce their usual intake in 2009 in order to make necessary cutbacks in their businesses, so even jobs designed specifically for new graduates are hard to come by.

It's clear that many of this year's graduates will be feeling rather depressed about their unfortunate situation, but there are a number of options available to them in the meantime:

There are always jobs available for those who are interested in teaching English as a foreign language, both within the United Kingdom and further affield. Sometimes it is necessary to have a formal qualification, but this is not always the case so it's worth inquiring to see what opportunities may be available to you.

Travelling is another popular option, assuming there is anything at all left in the bank to travel with. Travel can be a great way to make new contacts which could open up career possibilities. If not, it's a fantastic way to gain more life experience and a wider global perspective - something which usually impresses employers.

Staying on at university is another tempting possibility. After a year of a masters degree or three years working towards a PhD, one would hope that the job market had started to look a little more friendly. Of course, continuing your education also improves your chances as one of many candidates in your field.

Graduates who are stuck at home, waiting for their ideal job to appear in the newspapers might like to consider how they could improve upon their curriculum vitaes in the meantime. Candidates for public sector jobs might like to consider joining a voluntary programme where they could work to improve things for the general public for free, until an opportunity arises in which they will be paid for their skills. Employers might be impressed by the dedication this demonstrates.

Any other spare time could perhaps go towards campaigning for future generations, to stop top up fees from increasing again and to make the authorities aware of how increasing student debt will ultimately be a very bad thing for the economy.

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Darline Hoe is the author of this article. If you are looking for