EDUCATION AND EXPLOITATION

One of the illusions that many young workers have is that if they can get a university degree it would mean that they could get a better job. "According to the Office for National Statistics (ONS), the proportion of graduates employed in jobs requiring less skill than they were trained for stands at 36 per cent, up from just over 25 per cent a decade ago. The findings mean that around 500,000 people of the 1.5 million who graduated in the last six years are in low-skilled work. The figures will lead young people to question the value of university education, according to recruitment experts. The ONS said that around one new graduate in every five available for work is unemployed." (Daily Telegraph, 6 March) A degree in Philosophy is not much use to you when you are stacking shelves in Tescos, but it is all part and parcel of the unpredictability of capitalism RD