Home Skip Navigation LinksNews News Story

<< back to previous page

The graduate labour market soars

Published: Saturday, 14 November 2015   Category: All Graduate Jobs News

Graduates leaving university have plenty to celebrate as the labour market begins to cheer with rising employment levels and higher salaries.

Since the new data series was published by the Government, it has become clear that graduate employment rates have increased to a staggering 86.9% during Q2 of 2015, three points higher than it was in 2010. 

It’s good news for all

However, it’s not just good news for young graduates, but also post graduates, with there being a 4.4% rise in Q2 for employment rates – taking the number of those employed to a fantastic 89.5%. This reflects the largest increase since Q2 in 2007; before the economic crisis. 

For those without degrees behind them, the employment rates differ greatly between their graduate peers, in fact, it is 16.9% lower. 

This gap also widens to a full 40% when the roles in which employment is taking place is considered, with only “high skill employment” benefiting those without a degree.

With this in mind, there has also been a decline in the number of high skilled work available for those who haven’t embarked on a three-year university degree. 

A positive outlook

The Business Department has speculated that this could be due to a shift in trends leading to more firms demanding high skill levels from graduate talent, across all sectors and industries in the UK.

So, are graduates getting the jobs they want? While there isn’t many stats out there to suggest they’re not, the labour market looks like a pretty positive place for those leaving the doors of university. 

In short, this research which has recently been published proves that in order to succeed in today’s labour market, the key is to have a degree on the CV, along with the skills gained from being at one of the UK’s universities. 

For graduate schemes taking place, contact Grad Plus today

news archives...

Email this page to a friend Facebook Twitter DZone It! Digg It! StumbleUpon Technorati Del.icio.us NewsVine Reddit Blinklist Add diigo bookmark