Its no different to what's happening in the UK. The good times are over so what you get is a bunch of ill educated dickheads blaming everyone else for the fact that a bunch of ill educated dickheads can't get jobs anymore. Its not rocket science. Its very sad. Its not nationalism its protectionism on the basis that job opportunities for inbeciles tend to dry up in recessions.
I would say a lot of times it can be the opposite, i.e. a bunch of over educated dickheads who think they are too good for menial jobs blaming everyone else for the fact they have no jobs anymore because companies cannot afford to now take on the higher paid/educated dickheads and the only jobs open to them are menial ones they think are beneath them. Remember job opportunities for the higher paid over educated also tend to dry up in a recession, after all we always need shit cleaners, refuse collectors, drivers, shop assistants, etc, but over paid investment bankers are fuck all use when nobody has spare cash. But in saying that I suppose with the type of degrees a lot come out of uni with I suppose ill educated dickheads fits good, after all what use is a degree in Roman architecture, media studies or travel and hospitality management when there is on average 1 position for every 70 graduates on the subject. This I say from some experience, my sons engineering degree was dropped due to lack of numbers, luckily he is now with an employer who is paying for him to complete it independently, whilst at the same uni they increased the numbers doing media studies travel and other such over subscribed courses, as someone said before we need good engineers, doctors, scientists etc not bank full of graduates of ancient Mongolian basket weaving. maybe this recession will teach those higher up to invest in the right type of education for our kids to ensure the future of industry and science before it all disappears to China or some third world country, Strix being a fine example, most is now in China due to the unavailability of skills here, then look at the length of time the adverts for stress engineers and cnc engineers has been in the job centre, why? because nobody is training them, universities are closing courses for them down, yet if an ad for travel management or a media position went in the job centre requiring a degree in the subject, over half the islands banking investment junior staff would be applying. Ok rant over no bugger will listen anyway.