According to a recent survey, just a tiny proportion of those who graduated at the peak of the recession are unemployed.

A survey of over 60,000 graduates by the Higher Education Statistics Agency found that 83% were satisfied with their career, and two-thirds thought their degree course had provided value for money.

Some 7.2% of the class of 2008-09 had been unemployed six months after graduating, but only 3.2% were unemployed when the survey was carried out, three and a half years.

Nicola Dandridge, chief executive of the vice-chancellors group Universities UK, applauds these measures of the value of university degrees: ‘Employment figures looking at what graduates are doing three and a half years after graduation are far more useful than those relating to six months after graduation.’

She said: ‘These are encouraging figures and highlight the signs of recovery in the graduate jobs market after the recession.’

Universities minister David Willets added: ‘Even during a recession graduates have considerably higher employment rates than those without degrees.’

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