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Jobless and burned out: Why we gave up looking for jobs

Photo credit: Shutterstock

What you need to know:

  • The pride and confidence that university graduates used to enjoy is waning due to high levels of employment, which was pegged at a horrifying 5.74 per cent as of 2021. 


  • Good academic credentials no longer guarantee a good life.

In today’s world, it can take five years or more of rejection, depression and anxiety before a college graduate gets a job. This is due to various reasons, including an already saturated job market, a bulging youth population, and an economy in recession. As such, many educated job seekers have had to devise creative ways to stay occupied and earn a living. 

The pride and confidence that graduates used to enjoy is waning due to soaring levels of employment. Impressive academic credentials no longer guarantee graduates a good life. Universities churn out thousands of graduates each year, but only 52 per cent of them get absorbed into the market.