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

Friday, 19 June 2015

The Graduate Labour Market: key facts

The Department for Business Innovation and Skills has released statistical data for the first quarter year, Q1, (January to March) this year:
  • The employment rate for working age graduates of 87.5% is the highest level seen since the 88.3% recorded in Q4 2007.
  • The unemployment rate of 3.9% for young graduates is the lowest Q1 rate since 2007.
  • The postgraduate earnings premium over graduates has widened over the last year across both young and working age populations.
Graduates and postgraduates continue to have higher employment rates and are more likely to work in 'high skill' jobs than non-graduates. Employment rates among the working-age population of graduates and postgraduates marginally increased since last quarter with 87.5% of both groups in employment, compared to 69.3% of non-graduates.

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