Article: Labour’s new lost generation

Labour’s new lost generation
The downturn spells misery for university leavers as the opportunities dry up

The Sunday Times
April 26, 2009
Kate Walsh

“Putting on the charcoal grey suit and white shirt felt like a small victory for Daniel. With his mother’s help – sartorial and financial – the 21-year-old graduate made the purchase at John Lewis last October.

His mum insisted on spending a bit more for quality. She expected he would be wearing the suit for interviews and, of course, when he started work.

The suit got a much needed airing last Thursday when Daniel had a job interview – his second since graduating last summer.

He is just one of the thousands of young people who graduated last year only to find the recession corroding their job prospects. Fears of a lost generation are now becoming a reality as the number of unemployed college-leavers rises and the once bountiful graduate job market dries up.”

http://business.timesonline.co.uk/tol/business/economics/article6168777.ece

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