Job Market Monitor
Grads
US – Liberal arts field can and does lead to successful and remunerative careers in a wide array of professions says a report
In How Liberal Arts and Sciences Majors Fare in Employment, authors Debra Humphreys and Patrick Kelly analyze data from the 2010-11 US Census Bureau’s American Community Survey and provide answers to some common questions posed by students, parents, and policy makers who are increasingly concerned about the value of college degrees. Responding to concerns about … Continue reading
China’s grads – Shanghai the top pick for job
A recent survey shows that Shanghai has become the favorite place for China’s college graduates to find a job, overtaking the capital Beijing. From over 50,000 students at more than 100 colleges who were surveyed by the 21st Century English Paper of the English-language China Daily, 27% said Shanghai is their first choice for a … Continue reading
Graduates in Canada – A ‘lost generation’ really ?
Statistics Canada released the first data from the new National Graduates’ Survey. To put it mildly, this new data blows both of those narratives out of the water. The NGS is designed to report on the fate of graduates two years after graduation. What was released last week was the 2012 employment and income situation … Continue reading
US – 260,000 graduates in minimum wage jobs
About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics. Things may be looking up a little, though — it’s the smallest number since 2008. The worst year was 2010, when the number skyrocketed … Continue reading
India – One in four business graduates get jobs in US
About one in four business school graduates in India find jobs in America, second only to China, which sends 38 per cent of its alumni to the US, according to a new survey. While 64 per cent of Indian business graduates stay in their home country, 23 per cent go the US and two per … Continue reading
New Grads in China – Government has encouraged self-employment
The Chinese government has encouraged self-employment in an attempt to foster new areas of growth to keep people in work. Chinese Premier Li Keqiang admitted that the employment situation is tough in his government work report delivered to the country’s top legislature last week. He said a record 7.27 million college graduates will be job … Continue reading
Turkish Cyprus / 90% of 18-30 year olds are grads but there is no jobs for them
While the world talks about the resumption of the Cyprus peace talks, which were restarted last week after a two-year pause, it seems that the dire economic situation in the Greek Cypriot-controlled south have been all but forgotten. At the same time, Turkish Cypriots in the Turkish Republic of Northern Cyprus (TRNC) also face the … Continue reading
Grads Job Search in UK / Nearly 40% still hunting after six months
Nearly 40 per cent of graduates are looking for work six months after graduation, while a quarter are still unemployed after a year, according to new research. Conducted by the graduate recruitment website Totaljobs.com, the survey also shows that almost half of all graduates wished they had steered clear of academic courses, opting for ‘something … Continue reading
East Asia Rising Pool of Unemployed Grads / Are there too many ?
Fast growing East Asian economies have rapidly increased the numbers of students attending university in recent years. Now the pool of unemployed graduates is rising to worrying levels in the region generally – and even in some high-growth economies. Of particular concern is whether high graduate unemployment is a temporary blip or reflects a chronic … Continue reading
UK / Employers are expected to recruit many more graduates this year
Employers are expected to recruit many more graduates this year, according to the Association of Graduate Recruiters. Numbers of vacancies rose by more than 4% last year, with the AGR predicting a rise of 10.2% in 2014. The rise reflects growing business confidence and economic growth, the association says. Big growth sectors include IT and … Continue reading
Grads in US / Finding a good job has indeed become more difficult
According to numerous accounts, the Great Recession has left many recent college graduates struggling to find jobs that utilize their education. However, a look at the data on the employment outcomes for recent graduates over the past two decades suggests that such difficulties are not a new phenomenon: individuals just beginning their careers often need … Continue reading
Grads in UK / Recruitment levels at a seven-year high but jobs ‘reserved for student interns’
Companies said that four-in-10 positions being advertised for graduates in 2014 would be reserved for those with previous experience – barring other final year students from applying Continue reading
Humanities Major / What can you do with it ?
What may be surprising is the number of jobs available to humanities majors that are not typically associated with the field Continue reading
China / Grads encouraged to work in private firms
Statistics showed that applicants taking the civil servant exam this year totaled 1.52 million Continue reading
Japan / The new grads job market
University students and others set to graduate in spring 2015 cannot be overly optimistic during this year’s job hunting season, which officially started Sunday, as companies are generally willing to take on more new hires due to signs of economic recovery but major firms remain highly selective. The employment rate among new graduates this spring … Continue reading
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