Job Market Monitor
Higher Education
Ontario / University education pays off says a report
Ontario university grads have the best odds of landing jobs in their fields at good wages, according to a feisty new report from the Council of Ontario Universities that disputes any notion its members are glorified prep schools for a life making lattes. The 30-page “University Works,” to be released Tuesday, argues that university grads … 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
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
US / Young college graduates are outperforming their peers with less education
For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today’s young adults—members of the so-called Millennial generation—provide a compelling answer. On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young … 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
Student Debt in US / The national share of grads with loans rose from 68 percent in 2008 to 71 percent in 2012 with an average of $29,400 in debt
Student Debt and the Class of 2012 is our eighth annual report on the cumulative student loan debt of recent graduates from four-year colleges. Our analysis finds that the debt levels of students who graduate with loans continue to rise, with considerable variation among states as well as among colleges. Seven in 10 college seniors … Continue reading
Higher Education in Australia / India 2nd largest supplier of overseas students
India has emerged as the 2nd largest supplier of higher education students for Australian universities, according to latest data. The number of Indian students to undertake higher education in Australia has witnessed growth this year with total enrolments reaching over 15,800 during the period of January-October as compared to 12,062 last year. The data indicated … 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
UK needs a better developed vocational higher education system with higher apprenticeships says AoC’s rep
Universities are trying to fit a “square plug into a round hole” by attempting to “tack on” employability skills to a three-year academic degree, a college representative has said. Nick Davy, higher education policy manager at the Association of Colleges (AoC), argued that England instead needed a better developed vocational higher education system, including a … Continue reading
US College Labor Market / Recruiting Trends 2013-2014
The college labor market is improving, up 3 percent from last year for all degrees. Strong demand for accounting, marketing, computer science, engineering, human resources, public relations, and the inclusive “all majors” group will increase hiring for Bachelor’s degrees by 7 percent. The increase in hiring has been steady but could be better. Continue reading
UK / Almost half of graduates work in non-graduate jobs, says ONS
Almost half of graduates in the UK are working in non-graduate roles, a report published by the Office of National Statistics (ONS) has found. Continue reading
Australia / From vocational education to university: it depends
A report found this was not because such courses were inappropriate for vocational graduates but because they were dominated by universities that did not embrace them Continue reading
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