Graduate recruitment agencies would have been concerned by the government’s willingness to cut unprotected division’s by 25% over the next 4 years.

With 39,000 public sector `non- frontline` jobs filled by UK graduates yearly, then even if just a fifth of these jobs were lost due to funding that would double the amount of graduate unemployment.  This warning came as 1 in 10 graduates failed to find work last summer in the midst of the recession.

The findings that came from the Higher Education Statistic Agency, also showed that the number of graduates working after 6 months dropped from 62% to 59%, that is around an addition 6,000 graduates. It was also shown that there was an increase in the number of graduates that took up further studies.

I obviously take this news with concern but of course with a certain realisation, just because the cuts will be happening in the public sector we have no way of knowing if the private sector could accommodate these individuals. The key to any economy is forward thinking people and that is what graduates can supply. I believe that although there would be areas of detrimental affect from this budget, other gateways will open.

Universities minister David Willets said that these figures show that employers are continuing to recruit graduates in large numbers.