Unemployment continues to rise for people with postgraduate degrees, especially architects, scientists, accountants and teachers.
Figures from Graduate Careers Australia show the 2013 unemployment rate for those seeking full-time work four months after graduation was 15.5 per cent for those with postgraduate diplomas and certificates, and 17.9 per cent for those who had completed a masters degree by coursework.
The job outcomes are the worst in nearly two decades for people holding diplomas and certificates and the worst on record for masters by coursework graduates.
However, in spite of the increasingly tough job market for postgraduates, the number of domestic postgraduate students in Australian universities continues to grow.
It rose 5 per cent in 2013 to 234,000, which is over 25 per cent higher than five years ago.
Chosen excerpts by Job Market Monitor. Read the whole story at Unemployment rises among postgraduates.
Related Posts
The Grad Job Market in UK – Not fully recovered despite drop in unemployment
The recent annual Destination of Leavers of Higher Education survey confirmed that graduates who left university last summer entered a rather better jobs market than their peers from the year before. As the Higher Education Statistics Agency (HESA) shows with this chart, the overall employment rate for UK and EU graduates from a full-time first … Continue reading
Jobs for Grads in UK – Nine in ten bosses say they can’t find good enough candidates
To many job-seeking graduates, it seems unbelievable – but a new survey suggests that many employers are struggling to fill their graduate vacancies for this year. With nearly nine in ten graduate employers admitting they have positions that they can’t find suitable candidates for, there could be hundreds of good quality, well-paid graduate roles currently … Continue reading
College Grads in US – Wages are terrible
More young people are grabbing debt to go to college, but they can’t punch the ticket to full-fledged adulthood, because college-grad wages are growing at historically pitiful levels. In fact, the incomes of recent college grads are growing so glacially that they make the rest of the country look like we’re discovering $100 bills in … Continue reading
US – 74 percent of STEM grads are not employed in STEM occupations finds Census Bureau
The U.S. Census Bureau reported today that 74 percent of those who have a bachelor’s degree in science, technology, engineering and math — commonly referred to as STEM — are not employed in STEM occupations. In addition, men continue to be overrepresented in STEM, especially in computer and engineering occupations. About 86 percent of engineers … Continue reading
Job Market Monitor 
Discussion
No comments yet.