Financial Times FT.com

Jobs boom benefited only graduates

By Daniel Pimlott

Published: April 28 2009 02:23 | Last updated: April 28 2009 02:23

Workers with university degrees were the only group to benefit from rising employment between 2001 and 2007, according to research by the Bank of England.

The other 70 per cent of the working-age population all saw their chances of being in a job decline over the period. The research also found that university graduates were three times less likely to be unemployed than people who did not have GCSEs shortly before the recession began.

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