Job Market Monitor
Grads
Grads in France – They obtain on average about 82% of their potential earnings after three years
It is no longer the norm for an individual leaving full-time education in France to obtain a job on a standard employment contract. Typically a young person will spend a number of years moving between fixed-term contracts, special employment measures and, in some cases, unemployment1. However young persons do not remain young, and at some … Continue reading
Gen Z in US – New college graduates wanting to work for large companies
As the first crop of Gen Z talent joins the future workforce, new grads hold traditional work values with a digital spin. For the first time in years, there is an uptick in the number of new college graduates wanting to work for large companies. They are willing to commit and ready to roll up … Continue reading
Grads in US – 51 Percent feel underemployed
Why do new college graduates end up so disillusioned, underemployed and undervalued after a couple years of work? The Accenture Strategy 2016 U.S. College Graduate Employment Study highlights the disparity between new graduate expectations and the reality of the working world, and examines how employers can improve the employee experience to attract and retain top … Continue reading
Grads in UK – A significant difference between their expectations and their experiences
For the second year in a row, the results of the Accenture Strategy UK University Graduate Employment Study highlight a significant difference between the expectations of new university graduates and the experiences of recent graduates. The class of 2016 is entering the workforce with confidence in how they have been prepared and great expectations for … Continue reading
Higher Education and Job in India – 27 Grads for each new job
The discourse on jobs has captured popular imagination in recent months. The availability of reliable data on employment in India, on the other hand, has always been sparse but we have culled out data from various government surveys (Labour Bureau, National Sample Surveys), from the Central Bank, the IT industry body and others to arrive … Continue reading
Overqualified Grads in US – 25 percent in 2015 based on a “good-fit jobs” approach
Recent studies have claimed that as many as 48 percent of college graduates are overqualified for the jobs they have, but this figure seems inconsistent with their comparatively higher earnings relative to earnings of workers without a college degree. To obtain that high mark, those studies classify many occupations that pay well as being a … Continue reading
Graduate Outcomes in UK – For all subjects by university
Employment outcomes across HEIs and subjects Figure 5 shows the distribution of each institution’s proportion of graduates in sustained employment, further study or both five years after graduation. While median proportions lie consistently between 75% and 85% across subjects, there is significant variation within subjects. For Subjects Allied to Medicine (excluding Nursing), for example, the … Continue reading
Millennials in US – The share of college-educated young adults in today’s workforce is higher than ever before
As U.S. college graduates earn their bachelor’s degrees and enter the job market this month, data from the Census Bureau show that the share of college-educated young adults in today’s workforce is higher than ever before. Four-in-ten Millennial workers ages 25 to 29 had at least a bachelor’s degree in 2016, according to a Pew … Continue reading
Class of 2017 in US – Underemployment rates among young graduates have improved but remain higher than before the recession began
After years of elevated unemployment and depressed wages, young graduates’ economic prospects have finally begun to brighten. Members of the Class of 2017 have better job prospects than their peers who graduated in the aftermath of the Great Recession. Unemployment rates for young high school and young college graduates have returned to within one percentage … Continue reading
Graduates’ Career Planning – What behaviours, factors and characteristics determine graduate outcomes?
The study examined a cohort of UK domiciled students who completed their full-time undergraduate study in 2011/12 and were aged 18-21 at the outset of their study. The cohort consisted of 7,500 students drawn from 27 institutions. This study combined data from the 6 month Destination of Leavers from Higher Education (DLHE) survey with data … Continue reading
Cities in UK – They should support economic growth to attract and retain a greater number of graduates, then it needs to
Attracting and retaining talent is increasingly critical for the success of city economies as the UK continues to specialise in ever more high-skilled, knowledge- intensive activities. And this is a big challenge for many of our cities. While the UK’s great universities are spread around the country, many graduates head straight for the bright lights … Continue reading
Going to University in UK – So what skills ‘premium’, if any, do individuals gain from it ?
With nearly three-in-five graduates in the UK working in non-graduate jobs, the UK has one of the highest levels of self-reported over-qualification amongst its graduates in Europe. So what skills ‘premium’, if any, do individuals gain from going to university? And with the UK not producing enough of the highly skilled jobs for our graduates … Continue reading
College in US – Of the 1,027 private colleges studied, 761 have graduation rates of less than 67 percent
But while, on average, college graduates have lower unemployment rates, earn higher wages and even have longer-lasting marriages, there’s less discussion of the many students lost between enrollment and graduation. The challenges can be greatest for the 7.2 million students who need federal loans to attend college. According to a new report by Third Way, … Continue reading
Recent Graduates in Education in US – A puzzling picture
The picture for the most recent graduates is more puzzling. Remembering that we are looking only at those who are employed, it’s surprising that the majority in the final year of the data are employed somewhere other than in education. Maybe some of this has to do with how the data was collected. (A respondent … Continue reading
Grads in Canada – Management sciences and quantitative methods graduates highest earners among bachelor’s degree holders
On average, 25- to 54-year-old male bachelor’s degree graduates who worked full year, full time, in 2010, earned $87,543 in 2010 dollars (Chart 1). Among them, management sciences and quantitative methods graduates earned the most—$130,547, or $43,004 more than the average male bachelor’s degree graduate (after adjusting for age). These graduates were followed closely by … Continue reading
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