Survey says grads sad with low pay, no future

Most of last year's graduates are already encountering problems at work, partially due to the financial meltdown, a recent survey has found.

The report, released by Mycos Institute, shows that 27 percent of more than 8,700 graduates polled nationwide said their biggest problem was a lack of opportunity to develop their careers.

Last year's sluggish economic situation, which reduced and halted many company recruitment plans, was blamed for the limited number of graduate job opportunities, the survey said.