This blog is designed to keep you up-to-date with Careers Education, Information and Guidance (CEIAG) available locally, nationally and through the school. I’ll be posting information about employment and training opportunities available locally as well as details of open days and useful websites. The world of education, employment and training opportunities is changing rapidly so keep checking in for the latest information.

Mr Cross


Sunday 18 January 2015

It pays to be a Graduate

According to the recently published Graduate Labour Market Statistics report, graduates earn £400k more over their lifetimes than those who did not go to university. The average pay premium was calculated to be £9,000pa, whilst postgraduates earn on average another £9,000. The average graduate salary in the Autumn of this year was £31,000 and for postgraduates it was £40,000. For non-graduates, it was £22,000. However, pay for graduates slipped by £1,000 in the past year, although it rose by £1,500 for postgraduates. 

Employment rates were also better for graduates, according to the figures taken from the Labour Force Survey. Among the working-age population, 87% of graduates and postgraduates were in employment, compared with 70% of non-graduates. Among people aged 21-30, unemployment is 4.7% for postgraduates, 5.7% for graduates and 9.8% for non-graduates. More than three quarters of all postgraduates and two-thirds of graduates were working in high-skill employment, compared with 22% of non-graduates.  [ source: GTAssociates ]

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