According to a recent report presented in Madrid this week, the number of University graduates who are unemployed has doubled between 2007 and 2009, reaching a rate of 9.4 per cent – the highest in Europe.
The report also revealed how 3 per cent of graduates (300,000 people) are working jobs they view as “inferior to their qualifications”.
The rate of international students studying at Spanish Universities barely account for one per cent when in the rest of Europe these candidates amount to 7.3 per cent.
Number of University Graduates Falls
Spain has also experienced an unstoppable decrease in the number of University graduates, a phenomenon that has only been seen in Portugal and Estonia. In Aragon, Asturias, Cantabria, Galicia and Euskadi, the number of graduates collapsed by over 30 per cent.
The report signals a great importance in “profound reforms in the [Spanish] University system” and an “adaptation to the demands of employers and a greater specialization”.