Record number of UK graduates in work, report reveals

Record number of UK graduates in work, report reveals

 

Research suggest that while record numbers of graduates are entering the work place, there is still a big gap in employment rates for different degrees.

The number of graduates entering employment six months after leaving university is at a record high, according to a new report. The research, reveals that nearly 200,000 graduates from the 2013/14 cohort are currently working in the UK, 76.6 per cent of the total number, up from 75.6 per cent last year. Unemployment also fell during the last 12 months, going from 7.3 per cent in 2012/13, to 6.3 per cent for the most recent figures.
While graduate unemployment rates are yet to match pre-recession levels, the report suggests that conditions have improved in the job market, with the number of graduates entering careers at a “professional level” also on the rise. According to the data, 68.2 per cent of working graduates are in professional roles that require a degree, nearly 2 per cent higher than 2014.

However, the report ‘What do graduates do?’ – which analyses the post-university destinations of UK students – also revealed striking differences in employment rates for undergraduate degrees. According to figures detailed in the study, graduates in civil engineering have one of the highest rates of full-time employment six months after graduation, with 70 per cent landing a job. This rises to 78.7 per cent when taking into account students who have gone into further study.

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