Thursday, December 14, 2006

What Do Graduates Do? 2007

What Do Graduates Do?, the annual publication from HECSU and AGCAS, covering the intial career steps of graduates, came out last month.

256,460 UK-domiciled graduates got first degrees from UK universities in 2005, the first time that over a quarter of a million graduates were produced. That's up 1.4% on 2004, which indicates a slower rate of increase than in previous years. 206,965 replied to the destination survey that makes up WDGD, which is a pretty decent response rate of over 80% - this is a good survey (the Higher Education Statistics Agency's Destinations of Leavers of Higher Education survey, to be precise) with good data.

The proportion of women graduates increased again this year. 57.7% of respondent graduates were women.

71.7% of graduates were either working, or combining work and study, six months after graduation.

13.9% of graduates went on to further study or training, with 2.8% going on to teacher training.

6.2% of graduates went on to study another higher degree, another minor fall of 0.1% on last year.

Unemployment was marginally up, 0.1%, on last year, to 6.2%, but still much lower than the figure of 6.9% for 2003 graduates. Graduate unemployment does seem to be a bit lower than usual in the last couple of years.

About 65% of those working six months after graduation were in jobs that required a degree by the standard classifications, which must be an awful blow to the 'degrees are worthless' brigade, but is not too bad a result - of course, the remaining 35% tend to move into better jobs over time.

(About 10% of a given graduate cohort don't get graduate jobs, and under 3% end up long-term unemployed. This seems to have remained about constant since the 80s.)

Starting graduate salaries averaged £17,697. I don't think they'll break 18k this year. There's loads of stuff on individual subjects which I'll get to later. Keep it short and snappy, that's (hopefully) my motto.

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