Grads in UK – Employment and salaries up

The proportion of UK university leavers in work or further study has increased slightly, with graduate salaries on the rise too.

The Destination of Leavers from Higher Education study, published today, shows that 89 per cent of graduates who completed a full-time first degree in 2014 were in work or further study six months later, compared to 88 per cent in 2013.

The unemployment rate dropped slightly over the same period, from 8 per cent to 7 per cent.

The study reveals that 68 per cent of 2014 first degree leavers who were in work in the UK were in graduate-level jobs six months after leaving, compared to 66 per cent of the previous year’s cohort. The remaining 32 per cent were in jobs classed as non-professional.

The mean salary for 2014 first degree graduates was £21,500, up from £21,000 the previous year, the study says.

But male graduates reported earning more than their female counterparts, with mean salaries of £22,500 and £20,500 respectively. Male first degree leavers were also more likely to be earning more than £25,000.

The study, published by the Higher Education Statistics Agency, also reveals varying outcomes for graduates from different disciplines.

Chosen excerpts by Job Market Monitor. Read the whole story at Graduate employment and salaries up, but gender pay gap remains | Times Higher Education.

Source : HESA – Higher Education Statistics Agency – HESA – Higher Education Statistics Agency.