Up to 70,000 graduates on dole by end of year

“Up to 70,000 professionals with third level qualifications will be out of a job by the end of the year, new figures predict. The crisis will hit surveyors, teachers, architects, lawyers, arts, health professionals, media, business and other graduates. The shock prediction is revealed in an action plan to tackle unemployment which has been drawn up by FAS, the training and employment authority. The plan comes days after Taoiseach Brian Cowen warned that the jobless total could reach 400,000 by December. Labour market experts say one in five will be graduates …” (more)

[John Walshe, Independent, 10 February]

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