I'll be rather honest, I didn't read that massive paragraph of text. I don't think many other people will either. IMO a portfolio is about selling what you do. As a client I don't need to know you "left University not being able to find a job", many people have that problem, all I need to know, as the client, is; will you fit my needs? Are you good at what you do? Can I trust you? I don't know about you but saying "I couldn't find a job after University" doesn't make me want to hire you, infact it makes me question if you're good at what you do.
So I guess what I'm trying to say is, portfolios are meant to be to the point. There is no need to waffle on about your life story, show your personality through the design of the site not through a massive paragraph of writing.
Ralph