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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