A new Office of National Statistics report, “Graduates in the Labour Market, 2012“…

“This report analyses graduate unemployment over the recent past and considers the wages of graduates in the UK.”

Recent graduates entering higher-skilled jobs dropped by 9% between 2001 and 2011. Although this dip is perhaps to be expected — since the number of recent graduates competing for posts rose sharply. There were nearly a half-million more graduates per year in 2011 than in 2001 (a 41% increase in a decade). The number of recent graduates in work has dipped from 91% in 2001, to 86% in 2011.

Average earnings for a recent graduate saw “Arts” at the bottom at £12.06 per hour, with “Humanities” second-from-bottom at £15 per hour.