Economic downturn 'led to rise in sabbaticals'

Since the start of the recession, 1.2 million Britons have taken time out from their career, according to new research.

Four million Brits are considering taking a career break or undertaking further education, of these half a million have been driven to this decision by the poor jobs market, the research from Santander revealed.

The majority (66 per cent) of those planning time out think they will take less than a year and nearly one in four (23 per cent) plan to take three months or less.

One in four students now plan to take a break before starting a career due to the downturn as well.

Due to intense competition for graduate level jobs, more than three-quarters of employers now demand a minimum 2:1 degree, according to a recent survey by the Association of Graduate Recruiters.

Ian Coles, Director at Santander Cards, said: "Taking a break from work or education is becoming an increasingly appealing option for many Britons, as the job market becomes increasingly competitive and the demand for university places continues to soar. It's a great opportunity to travel and to learn but unfortunately it doesn't come cheap."

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