YMJ

In September, Channel 4 showed a program called Young Middle class and Jobless. It was all about how professional workers and recent graduates are having a horrible time in the job market right now.

It showed experienced workers who have recently been made redundant and now cannot find any job at all. One guy earned 85k per year, but was deep in debt with no savings. Many of these professionals were in debt with no savings, and had to apply for jobseekers allowance

It showed that right now, many graduates are not getting any jobs. One guy had a First Class degree from Oxford University, yet he was not able to get any job at all!!

You can watch the show here:
Channel 4: Young Middle class and jobless

Review Links:
Review1 (people management)
Review: Prospects graduate forum
Orange TV blog review

So, the problem of job security is real. Even being a graduate will not help you in most cases. I have said for a long time that graduates are not guaranteed jobs for life, and financially, university is not a good investment for most people.