All that cramming and hard work might pay off after all: German graduates are practically guaranteed a job – current figures show nearly full employment among those who have an academic degree.
Just 2.2 percent of graduates had no work in 2011 according to figures issued on Tuesday by the Institute for Employment Research (IAB) – part of the Federal Employment Agency.
Even in 2006, just 3.6 percent of all university graduates were unemployed, while in 1997 the rate was higher at 4.5 percent.
Technical college graduates also have good prospects for finding work – just 2.5 percent were unemployed in 2011, down from 3.3 percent jobless in 2006.
Yet although graduates were usually working, many did not have the kind of job they may have wanted.
“In 2009, almost every third tertiary education graduate had a non-standard job,” said Brigitte Weber und Enzo Weber, the authors of the study.
Chosen excerpts by Job Market Monitor
Job Market Monitor 
Discussion
No comments yet.