The UK has too many over-qualified graduates taking up non-graduate jobs, according to a recent report by the Chartered Institute of Personnel and Development (CIPD). The paper, titled “Over-Qualification and Skills Mismatch in the Graduate Labour Market,” compares the rapid expansion of the UK higher education sector to the much slower growth of the high-skilled labour market, and warns of the mismatch as a threat to the UK economy. As many as 58.8% of UK graduates are in non-graduate jobs, a percentage only exceeded by two other OECD countries: Greece and Estonia. The situation is unsustainable given that almost half of university graduates will not earn enough to repay their loans in full, according to government estimates. More...01 septembre 2015
Over-qualification and skills-mismatch in the UK
The UK has too many over-qualified graduates taking up non-graduate jobs, according to a recent report by the Chartered Institute of Personnel and Development (CIPD). The paper, titled “Over-Qualification and Skills Mismatch in the Graduate Labour Market,” compares the rapid expansion of the UK higher education sector to the much slower growth of the high-skilled labour market, and warns of the mismatch as a threat to the UK economy. As many as 58.8% of UK graduates are in non-graduate jobs, a percentage only exceeded by two other OECD countries: Greece and Estonia. The situation is unsustainable given that almost half of university graduates will not earn enough to repay their loans in full, according to government estimates. More...
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