There has been research that shows underemployment or entering minimum wage jobs -if you can't get a graduate job - has lasting negative effects on future career outcomes.
Again, those who have parents who are able to support them will have more opportunities to take a longer approach to get where they want to be.
DD finished university in May without a job secured and did not go back to her casual summer work. Applying for jobs is like a job in itself. If she hadn't secured her graduate scheme, she'd have looked for more degree related work experience or internships and we would have been able to support that, even if we had to pay for accommodation elsewhere.
I suspect those unlucky enough to graduate the past few years might have the issue of underemployment following them through life ( like those who have graduated in a recession) Although I get the impression today's young people are more enterprising and entrepreneurial and may not accept that fate.