Italian university graduates struggle for jobs

15:46, July 04, 2010      

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by Wang Yunjia, Silvia Marchetti

Italian university graduates are facing a hard time in finding jobs as the global financial crisis and economic downturn have worsened the employment situation.

The overall picture is a bit gloomy. According to Italy's National Statistics Office, or Istat, the unemployment rate for young people between age 15 and 24 rose from 29.1 percent in April to 29.2 percent in May, the highest level since Istat began recording the data in 2004.

An annual survey by Almalaurea, a university consortium committed to connecting university with labor market, found that 46 percent of the first-degree graduates in 2008 had a job after one year and the figure was 57 percent among second-degree holders, respectively down 2 percent and 6 percent from 2007.

However, for some in the flocks of job-seekers, the road leading to a decent position is not entirely uphill and bumpy.

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