Graduates, UK
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'One in five' UK graduates out of work

The latest figures show that one in five new graduates are now out of work, the highest number for a decade.

It comes as the Governor of the Bank of England Mervyn King warns that households are facing the most prolonged fall in living standards for eighty years.

Labour has accused the government of having no strategy for economic growth.

The BBC's Hugh Pym reports.

  • 26 Jan 2011