Largest drop in graduate unemployment in 15 years

Graduate unemployment has fallen by the largest amount in 15 years, according to the Higher Education Careers Services Unit (HECSU).
Thu, 25 Sep 2014Graduate unemployment has fallen by the largest amount in 15 years, according to the Higher Education Careers Services Unit (HECSU).

Its annual survey ‘What do graduates do?’, which analysed the destinations of 256,350 full and part-time first degree graduates in January (six months after they left university), showed that unemployment fell from 8.5% to 7.3% year-on-year, with 75.6% of graduates in employment. 

The survey also found that the proportion of respondents in professional and managerial work increased from 64.9% to 66.3%. However, the percentage of graduates in non-professional jobs in sectors such as retail and catering fell marginally from 13.7% to 13%.

The number of graduates working as science professionals increased by 22.4% year-on-year. The employment outcomes for graduates with first degrees in building and engineering were particularly positive, with 83.6% of architecture graduates in employment.

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