Job Market Monitor
Higher Education
Universities in Denmark – Cutting thousands of positions within faculties that don’t lead to work
Denmark is addressing youth unemployment by revolutionising the university system. It is cuttingthousands of positions within faculties that don’t lead to work, starting from humanities and social science courses, which will be first in line for the chop. There are currently 15,000 Danish students enrolled on courses with poor employment prospects. The government wants to … Continue reading
UK – Employment prospects for 2012/13 first degree graduates has dramatically improved
Employment prospects for 2012/13 first degree graduates dramatically improved compared to 2011/12 graduates. The proportion of graduates working in professional and managerial jobs in the UK had increased and the unemployment rate decreased from 8.5% to 7.3%. Read more about the outcomes of 2012/13 graduates from six subject areas covering 28 subjects. Find out more about how mature graduates do in … Continue reading
Certificates in US – Positive, significant returns research finds
The research from the center focused on certificates for programs that took one year or less to complete. Some have suggested that short-term certificates hold little value in the job market, although recent research has contradicted that notion. The forthcoming study by Di Xu and Madeline Trimble, both of whom are researchers at the Community … Continue reading
Young US Scientists – Too few university jobs
In the United States, more than 40,000 temporary employees known as postdoctoral research fellows are doing science at a bargain price. And most postdocs are being trained for jobs that don’t actually exist. Academic institutions graduate an overabundance of biomedical Ph.D.s — and this imbalance is only getting worse, as research funding from the National … Continue reading
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
Credential Inflation – An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree
An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree. This credential inflation, or “upcredentialing” is affecting a wide range of jobs from executive assistants to construction supervisors and has serious implications both for workers not seeking a college degree and for employers … Continue reading
Tertiary-educated individuals are likely to earn twice as much as the median worker finds OECD (video)
Access to education continues to expand worldwide but the socio-economic divisions between tertiary-educated adults and the rest of society are growing. Governments must do more to ensure that everyone has the same opportunity to a good education early in life, according to a new OECD report. Education at a Glance 2014 says that educational mobility has … Continue reading
A Degree in US – Was worth $272,693, on average, in 2013 study finds
A study released on Tuesday by two researchers with the Federal Reserve Bank of New York concludes the opposite is true: The value of a bachelor’s degree is near an all-time high. The researchers, Jaison R. Abel and Richard Deitz, found that despite some “alarming trends,” a bachelor’s degree for a 2013 graduate was worth $272,693, … Continue reading
CIO – 71 percent place more weight on skills and experience than on higher education
By a surprisingly large percentage, CIOs put more emphasis on skills and experience than on tech degrees from prestigious universities. A Robert Half Technology survey of some 2,400 chief information officers at companies with more than 100 employees found 71 percent place “more weight on skills and experience than on whether or not a candidate … Continue reading
Recent Immigrants in Canada – 14 per cent of university-educated are unemployed, 3.3 per cent for Canadian-born university grads
Except today, the prospects for Canada’s most highly educated new Canadians is far more dismal. Unemployment levels for recent immigrants with university degrees hit their highest point since June, 2010 last month. According to data Statistics Canada crunched for Global News, 14 per cent of university-educated immigrants who’ve come to Canada in the last five years are … 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
2007-08 Bachelor’s Degree Recipients In US – 7 percent were unemployed and 8 percent were out of the labor force
The report Baccalaureate and Beyond:A First Look at the Employment Experiences and Lives of College Graduates, 4 Years On published by the National Center for Education Statistics, the Institute of Education Sciences and the U.S. Department of Education presents initial findings about the employment outcomes of bachelor’s degree recipients approximately 4 years after they completed their … Continue reading
UK – 10 questions would-be undergraduates to ask at universities
Prospective university students are being encouraged to ask difficult questions as part of a University and College Union campaign for greater transparency in higher education, launched today. The union has produced a list of 10 questions it wants would-be undergraduates to ask. UCU general secretary, Sally Hunt, said that students were “bombarded by information these … Continue reading
US – Of 4 million job openings posted online, 2 million are for college graduates New Georgetown report finds
More than 80 percent of job openings for workers with a bachelor’s degree or better are posted online, compared to less than 50 percent of job openings for workers with less education*, according to a new report from the Georgetown University Center on Education and the Workforce. The report analyzes the demand for college talent … Continue reading
US – College degree or vocational education ?
The U.S. Bureau of Labor Statistics estimates that only 27 percent of jobs in the U.S. economy currently require a college degree. By comparison, the U.S. Census Bureau reports that 47 percent of workers today have an associate degree or higher. The BLS projects that the proportion of jobs requiring a college degree will barely … Continue reading
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