{"id":3134,"date":"2021-05-07T11:25:27","date_gmt":"2021-05-07T11:25:27","guid":{"rendered":"https:\/\/markinstyle.co.uk\/?p=3134"},"modified":"2024-02-06T17:59:46","modified_gmt":"2024-02-06T17:59:46","slug":"graduate-employment-statistics","status":"publish","type":"post","link":"https:\/\/markinstyle.co.uk\/graduate-employment-statistics\/","title":{"rendered":"15 Astonishing Graduate Employment Statistics for 2024"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Looking into <\/span><span style=\"font-weight: 400\">employment prospects for UK graduates in 2020,<\/span><span style=\"font-weight: 400\"> we can notice that s<\/span><span style=\"font-weight: 400\">ome of the largest UK firms are taking in the most graduates, as new trainees and <a href=\"https:\/\/markinstyle.co.uk\/internship-facts\/\" target=\"_blank\" rel=\"noopener noreferrer\">interns<\/a> have cancelled their plans for 2020.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">In contrast, others have furloughed their trainees with the rest of the staff who will get government-paid wages. Some have not yet disclosed the changes in plans but many student summer programmes have been transferred to digital form for the time being, as organisations embrace <\/span><a href=\"https:\/\/markinstyle.co.uk\/elearning-statistics\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">elearning<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>The <\/b><b>graduate employment statistics <\/b><span style=\"font-weight: 400\">we gathered at <a href=\"https:\/\/markinstyle.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mark in Style<\/a> reflect the state of the labour market in the previous years and are yet to include the changes brought on by the global COVID-19 pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Let\u2019s dive right in.<\/span><\/p>\n<h2><strong>Fascinating Graduate Statistics (Editor\u2019s Choice)<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">There were <\/span><b>34 million<\/b><span style=\"font-weight: 400\"> graduates in the United Kingdom in<\/span> <b>2017<\/b><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Graduate unemployment in the UK <\/span><span style=\"font-weight: 400\">is <\/span><b>3%<\/b><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The median salary for graduates in England in <\/span><b>2018<\/b><span style=\"font-weight: 400\"> was <\/span><b>\u00a334,000<\/b><span style=\"font-weight: 400\">.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">All courses allied to medicine have an employment rate of <\/span><b>99.3%<\/b><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Around <\/span><b>31%<\/b><span style=\"font-weight: 400\"> of graduates are overqualified for their positions.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The number of graduates increased from <\/span><b>24%<\/b><span style=\"font-weight: 400\"> to <\/span><b>42%<\/b><span style=\"font-weight: 400\"> between<\/span><b> 2002 <\/b><span style=\"font-weight: 400\">to <\/span><b>2017<\/b><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">About <\/span><b>73.9%<\/b><span style=\"font-weight: 400\"> of graduates are employed in professional roles.<\/span><\/li>\n<\/ul>\n<h3><strong>General Graduate Employment Statistics UK<\/strong><\/h3>\n<h4><strong>1. There were 34 million graduates in the United Kingdom in 2017.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Anyone aged over 20 who is currently not enrolled in an educational course and who has already reached an A level education or higher is considered a graduate.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">In <\/span><b>2017<\/b><span style=\"font-weight: 400\">, there were <\/span><b>34 million<\/b><span style=\"font-weight: 400\"> workers <\/span><span style=\"font-weight: 400\">not enrolled in an educational course <\/span><span style=\"font-weight: 400\">in the United Kingdom. Out of those, <\/span><b>14 million<\/b><span style=\"font-weight: 400\"> were graduates (<\/span><b>42%<\/b><span style=\"font-weight: 400\">), <\/span><b>7 million<\/b><span style=\"font-weight: 400\"> had A level qualifications (<\/span><b>21%<\/b><span style=\"font-weight: 400\">), just <\/span><b>under<\/b> <b>7 million<\/b><span style=\"font-weight: 400\"> (<\/span><b>20%<\/b><span style=\"font-weight: 400\">) had A* to C grade GCSE, <\/span><b>3 million<\/b><span style=\"font-weight: 400\"> had no categorised qualification levels (<\/span><b>9%<\/b><span style=\"font-weight: 400\">), and another <\/span><b>3 million<\/b><span style=\"font-weight: 400\"> had no qualifications.&nbsp;<\/span><\/p>\n<h4><strong>2. The number of graduates increased from 24% to 42% between 2002 and 2017.&nbsp;<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS)<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><span style=\"font-weight: 400\">labour force survey for <strong>2018 <\/strong><\/span><span style=\"font-weight: 400\">showed there&#8217;s been a significant increase in the <\/span><span style=\"font-weight: 400\">number of graduates in the UK <\/span><span style=\"font-weight: 400\">since <strong>2002<\/strong>. A steady rise could be observed, from <\/span><b>24%<\/b><span style=\"font-weight: 400\"> in <\/span><b>2002<\/b><span style=\"font-weight: 400\"> to <\/span><b>42%<\/b><span style=\"font-weight: 400\"> in <\/span><b>2017.<\/b><span style=\"font-weight: 400\"> So, there are more and more people with qualifications, as getting a <\/span><a href=\"https:\/\/markinstyle.co.uk\/higher-education-statistics\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">higher education<\/span><\/a><span style=\"font-weight: 400\"> becomes something more and more common.<\/span><\/p>\n<h4><strong>3. The difference in employment rates for graduates and non-graduates is around 16%.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(Assets)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Graduate labour market trends <\/span><span style=\"font-weight: 400\">show a rise from <\/span><b>2011<\/b><span style=\"font-weight: 400\">. In <\/span><b>2018<\/b><span style=\"font-weight: 400\">, there was a slight difference between the graduate employment rate, which stood at <\/span><b>87.7%<\/b><span style=\"font-weight: 400\">, and the postgraduate rate at <\/span><b>87.4%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The employment rate of non-graduates for the same period was<\/span><b> 71.6%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<h4><strong>4. The graduate unemployment rate in the UK is 3%.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS<\/span><span style=\"font-weight: 400\">, Prospects<\/span><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">What is the current unemployment rate in the UK?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking at the general <\/span><span style=\"font-weight: 400\">unemployment statistics in the UK,<\/span> <span style=\"font-weight: 400\">the <\/span><span style=\"font-weight: 400\">current unemployment rate in the UK<\/span><span style=\"font-weight: 400\"> for the first three months of<\/span><b> 2020<\/b><span style=\"font-weight: 400\"> was <\/span><b>3.9%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Among graduates and those with an A standard, in the <strong>2017\/18<\/strong> statistics, the <\/span><span style=\"font-weight: 400\">graduate unemployment in the UK <\/span><span style=\"font-weight: 400\">was <\/span><b>3%,<\/b><span style=\"font-weight: 400\"> while the unemployment rate for those educated to A= to C grade GCSE standard stood at <\/span><b>5%<\/b><span style=\"font-weight: 400\">.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The highest rate was for those of other qualifications or no qualifications (<\/span><b>6%<\/b><span style=\"font-weight: 400\">).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Student employment statistics <\/span><span style=\"font-weight: 400\">show that for those who are six months out of university, the unemployment rate in <\/span><b>2018<\/b><span style=\"font-weight: 400\"> was <\/span><b>5.1%<\/b><span style=\"font-weight: 400\">, making it the lowest recorded rate since <\/span><b>1979 <\/b><span style=\"font-weight: 400\">when that percentage was <\/span><b>4.9%<\/b><span style=\"font-weight: 400\">.&nbsp;<\/span><\/p>\n<h4><strong>5. About 73.9% of graduates are employed in professional roles.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(Luminate)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Proportionally, the number of graduates in professional roles went up from <\/span><b>71.4%<\/b><span style=\"font-weight: 400\"> to <\/span><b>73.9%,<\/b><span style=\"font-weight: 400\"> as <\/span><b>7,895<\/b><span style=\"font-weight: 400\"> additional graduates were employed in professional roles.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><span style=\"font-weight: 400\">results of the first <\/span><b>Graduate Outcomes survey<\/b> <span style=\"font-weight: 400\">for the <\/span><b>2017\/18 <\/b><span style=\"font-weight: 400\">graduates will be published in June 2020, when national-level statistics and <\/span><b>HESA data<\/b><span style=\"font-weight: 400\"> will be revealed in the Statistical Bulletin.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3138 size-large\" src=\"https:\/\/markinstyle.co.uk\/wp-content\/uploads\/2020\/05\/dylan-gillis-KdeqA3aTnBY-unsplash-1024x683.jpg\" alt=\"People discussing graduate employment statistics\" width=\"1024\" height=\"683\"><\/p>\n<h4><strong>6. The inactivity rate for graduates in the United Kingdom was 15% in 2017.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS)<\/span><\/p>\n<p><strong>Graduate employment statistics for the UK <\/strong><span style=\"font-weight: 400\">report that the percentage of those who are neither employed nor unemployed is represented by an inactivity rate that was <\/span><b>15%<\/b><span style=\"font-weight: 400\">. Among A levels graduates, this number was <\/span><b>19%<\/b><span style=\"font-weight: 400\">, in A* to C grade GCSE standard it was <\/span><b>24%,<\/b><span style=\"font-weight: 400\"> and among the category of other or no qualifications, the inactivity rates were <\/span><b>29%<\/b><span style=\"font-weight: 400\"> and <\/span><b>53%,<\/b><span style=\"font-weight: 400\"> respectively.<\/span><\/p>\n<h4><strong>7. The median salary for graduates in England in 2018 was \u00a334,000.&nbsp;<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(The Guardian, ONS, DFE, Prospects)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The earnings gap between graduates and non-graduates is about&nbsp; <\/span><b>\u00a310,000<\/b><span style=\"font-weight: 400\"> on average. It has been at that level for some years now. And according to the <\/span><span style=\"font-weight: 400\"><strong>Department for Education<\/strong> analysis of the labour force survey, <\/span><span style=\"font-weight: 400\">the <\/span><span style=\"font-weight: 400\">average graduate salary <\/span><span style=\"font-weight: 400\">in England is <\/span><b>\u00a334,000,<\/b><span style=\"font-weight: 400\"> compared to <\/span><b>\u00a324,000<\/b><span style=\"font-weight: 400\"> that non-graduates usually were paid. These numbers reflect findings in all age groups, from 20 to 64.<\/span><\/p>\n<h4><strong>8. At the age of 25, the average salary is \u00a38.21 an hour.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(The Guardian, ONS, DFE, Prospects)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The average salary for the 21-year-old in the UK<\/span><span style=\"font-weight: 400\"> is <\/span><strong>\u00a37.70<\/strong><span style=\"font-weight: 400\"> an hour.<\/span><span style=\"font-weight: 400\"> Another increase follows at the age of <strong>25<\/strong> to <\/span><span style=\"font-weight: 400\"><strong>\u00a38.21<\/strong> an hour.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">You may be wondering:<\/span><\/p>\n<p><span style=\"font-weight: 400\">What is a good salary for a 30-year-old <\/span><span style=\"font-weight: 400\">in the UK?&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">People in their early thirties can expect an average salary of <\/span><b>\u00a335,423<\/b><span style=\"font-weight: 400\">.&nbsp;<\/span><\/p>\n<h4><strong>9. Men earn 13.7% more than women on average.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(The Guardian, ONS, DFE, Prospects)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The gender pay gap is still present and stands at <\/span><b>13.7%<\/b><span style=\"font-weight: 400\">. <\/span><span style=\"font-weight: 400\">Men are also more likely to find a higher skill position than female graduates.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The global economic crises put starting wages lower in <\/span><b>2009.<\/b><span style=\"font-weight: 400\"> And while the employment rate is going steadily up and is quite similar for men and women, male workers are still seeing a faster recovery in salaries than female workers.<\/span><\/p>\n<h4><strong>10. The median graduate starting salary in 2018 was \u00a322,399.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS, Prospects, Statista, The Guardian)<\/span><\/p>\n<p><span style=\"font-weight: 400\">A shortage of certain skills in the areas of IT, engineering, accountancy, and marketing in the <\/span><span style=\"font-weight: 400\">graduate job market<\/span><span style=\"font-weight: 400\"> influenced the increase in the <\/span><span style=\"font-weight: 400\">graduate starting salary <\/span><span style=\"font-weight: 400\">in <\/span><b>2018<\/b><span style=\"font-weight: 400\"> from <\/span><b>\u00a321,776<\/b><span style=\"font-weight: 400\"> to <\/span><b>\u00a322,399<\/b><span style=\"font-weight: 400\"> across the country, especially in the <\/span><b>Midlands, East of England<\/b><span style=\"font-weight: 400\">, and <\/span><b>Northern Ireland<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<h4><strong>11. Medical studies have the highest graduate employment rate of 99.3%.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(The <\/span><span style=\"font-weight: 400\">Guardian)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Graduates with an undergraduate degree in medicine or engineering have better chances for employment and are among those with the highest average annual pay.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><strong>Graduate employment statistics<\/strong> by subject <\/span><span style=\"font-weight: 400\">show that<\/span><span style=\"font-weight: 400\"> those who get employed fastest come from medical studies.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">What\u2019s more:<\/span><\/p>\n<p><span style=\"font-weight: 400\">All courses <\/span><b>allied to medicine<\/b><span style=\"font-weight: 400\"> have an employment rate of <\/span><b>95%<\/b><span style=\"font-weight: 400\">. <\/span><b>Biology<\/b><span style=\"font-weight: 400\"> has <\/span><b>90%<\/b><span style=\"font-weight: 400\"> and <\/span><b>agriculture<\/b> <b>89%<\/b><span style=\"font-weight: 400\">, followed by <\/span><b>physics<\/b><span style=\"font-weight: 400\"> at <\/span><b>88.8%<\/b><span style=\"font-weight: 400\"> and <\/span><b>mathematics<\/b><span style=\"font-weight: 400\"> at <\/span><b>88.9%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Ma<\/span><span style=\"font-weight: 400\">ths graduates usually choose IT as an alternative career, as do those graduating from physics courses. In contrast, English or humanities graduates largely turned to the marketing sector if not employed in their own field. Many also opt for <a href=\"https:\/\/markinstyle.co.uk\/volunteer-tutoring-jobs\/\" target=\"_blank\" rel=\"noopener noreferrer\">volunteer tutor jobs or<\/a>, once they&#8217;ve acquired the necessary qualifications, <a href=\"https:\/\/markinstyle.co.uk\/sen-teacher-jobs\/\" target=\"_blank\" rel=\"noopener noreferrer\">SEN teacher jobs<\/a>.<\/span><\/p>\n<h4><strong>12. Around 12% of all graduate workers are working in retail.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(<\/span><span style=\"font-weight: 400\">Prospects)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Graduate outcomes <\/span><span style=\"font-weight: 400\">research shows the <\/span><span style=\"font-weight: 400\">highest number of overqualified graduate workers can be found, unsurprisingly, in retail. Around <\/span><b>12%<\/b><span style=\"font-weight: 400\"> of all graduate workers are working in retail, and around <\/span><b>70%<\/b><span style=\"font-weight: 400\"> of them hold positions below their education level.<\/span><\/p>\n<h4><strong>13. The percentage of graduates with full-time or fixed contracts is 61.8%.&nbsp;<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(Prospects)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking at contract length, the number of graduates who had full-time contracts or one-year fixed-time contracts (after being in a position for six months) was <\/span><b>61.8%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Zero hour contracts still saw a <\/span><b>4%<\/b><span style=\"font-weight: 400\"> rise in <\/span><b>2018<\/b><span style=\"font-weight: 400\">, compared to the <\/span><b>3.6%<\/b><span style=\"font-weight: 400\"> recorded in the previous year among the newly employed.<\/span><\/p>\n<h4><strong>14. Around 31% of graduates in 2017 were overqualified for their jobs according to graduate employment statistics.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(ONS)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The education level of an individual is often higher than the job they do requires. So, in <\/span><b>2017<\/b><span style=\"font-weight: 400\">, <\/span><b>31%<\/b><span style=\"font-weight: 400\"> of graduates were overqualified for the work they were doing. The percentage of those who graduated before <\/span><b>1992<\/b><span style=\"font-weight: 400\"> and have more education than the role they are filling needs is&nbsp; <\/span><b>22%,<\/b><span style=\"font-weight: 400\"> while <\/span><b>34%<\/b><span style=\"font-weight: 400\"> of those who have graduated after <\/span><b>2017<\/b><span style=\"font-weight: 400\"> are overqualified.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Now:<\/span><\/p>\n<p><strong>Labour statistics <\/strong><span style=\"font-weight: 400\">show that <\/span><span style=\"font-weight: 400\">the highest numbers of overqualified graduates work in <\/span><b>London<\/b><span style=\"font-weight: 400\"> where <\/span><b>25%<\/b><span style=\"font-weight: 400\"> of the workforce has a higher level of education than their job needs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Biology, arts<\/span><span style=\"font-weight: 400\">, and humanities are the areas that have the most overqualified workers. Visible mostly in recent graduates this is also in part due to highly educated migrant workers coming in.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The biggest percentage of overeducated workers can be found in the age group from 35 to 49, which brings us to the conclusion it is an ongoing state of the <\/span><span style=\"font-weight: 400\">UK graduate labour market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">And finally:<\/span><\/p>\n<h4><strong>15. Coming out of top UK universities enhances your chances for fast employment worldwide, graduate employment statistics confirm.<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">(Times Higher Education, Universities UK)<\/span><\/p>\n<p><span style=\"font-weight: 400\"><strong>Graduate employment statistics by university<\/strong> in the UK <\/span><span style=\"font-weight: 400\">show that there are certain universities that more or less guarantee employment. Among recent graduates, most employable are those coming out of <\/span><b>Cambridge<\/b><span style=\"font-weight: 400\">, <\/span><b>Oxford<\/b><span style=\"font-weight: 400\">, and <\/span><b>Imperial College London<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Check this out:<\/span><\/p>\n<p>[bctt tweet=&#8221;At least 30 international leaders, 27 British prime ministers, 50 Nobel prize winners, and as many as 120 Olympic athletes have attended Oxford.&#8221; via=&#8221;no&#8221;]<\/p>\n<p><span style=\"font-weight: 400\">This contributes to the fact that employers look highly on graduates coming from their courses.<\/span><b> Cambridge<\/b><span style=\"font-weight: 400\"> also has a vast and influential alumni network worldwide, and <\/span><b>Imperial College<\/b><span style=\"font-weight: 400\"> offers its students career support and advice years after graduation.&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">So, it should come as no surprise that up to <\/span><b>82%<\/b><span style=\"font-weight: 400\"> of international non-EU and EU graduates report that getting a degree in the United Kingdom was worth the financial investment.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3139 size-large\" src=\"https:\/\/markinstyle.co.uk\/wp-content\/uploads\/2020\/05\/campaign-creators-qCi_MzVODoU-unsplash-1024x679.jpg\" alt=\"workers in an office\" width=\"1024\" height=\"679\"><\/p>\n<h3><strong>People Also Ask<\/strong><\/h3>\n<h4><strong>What percentage of graduates get a job?<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">The number of graduates in professional roles is <\/span><b>73.9%<\/b><span style=\"font-weight: 400\">, and up to <\/span><b>87.7%<\/b><span style=\"font-weight: 400\"> of graduates get a job. Only <\/span><b>3%<\/b><span style=\"font-weight: 400\"> of graduates are unemployed, and around <\/span><b>15%<\/b><span style=\"font-weight: 400\"> are considered to be inactive, meaning neither employed nor unemployed.<\/span><\/p>\n<h4><strong>What percentage of university graduates are unemployed?<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">For university graduates that are six months out of university, the unemployment rate in the United Kingdom in <\/span><b>2018<\/b><span style=\"font-weight: 400\"> was <\/span><b>5.1%<\/b><span style=\"font-weight: 400\">, the lowest in the last 40 years.<\/span><\/p>\n<h4><strong>What degree has the highest employment rate?<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">Graduate statistics <\/span><span style=\"font-weight: 400\">show <\/span><b>medical degrees,<\/b><span style=\"font-weight: 400\"> along with dentistry and veterinary science, have the highest employment rate of <\/span><b>99.3%<\/b><span style=\"font-weight: 400\">. Subjects <\/span><b>allied to medicine<\/b><span style=\"font-weight: 400\"> come next with the rate of <\/span><b>95%<\/b><span style=\"font-weight: 400\">, and biology and agriculture follow with <\/span><b>90.6%<\/b><span style=\"font-weight: 400\"> and <\/span><b>89.3%<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<h4><strong>What percentage of the UK has a degree?<\/strong><\/h4>\n<p><span style=\"font-weight: 400\">The <strong>Office for National Statistics<\/strong> reports in the Annual Population study that <\/span><b>34.4%<\/b><span style=\"font-weight: 400\"> of the UK workforce aged 16 to 64 has a degree level or an equivalent qualification, an increase from ONS numbers for 2002 when that percentage stood at <\/span><b>27.2%,<\/b><span style=\"font-weight: 400\"> albeit conducted on a larger sample than the <strong>2016 Annual Population Study<\/strong>.<\/span><\/p>\n<h3><strong>The Bottom Line<\/strong><\/h3>\n<p><b>Graduate employment statistics <\/b><span style=\"font-weight: 400\">show there is a massive effect on salary levels for those who enter the workforce during times of crisis, exacerbating the already serious <a href=\"https:\/\/markinstyle.co.uk\/uk-student-debt-statistics\/\" target=\"_blank\" rel=\"noopener noreferrer\">UK student debt<\/a> situation. In fact, the average pay maintains a lower average level even five years after starting work.<\/span><\/p>\n<p><span style=\"font-weight: 400\">And that\u2019s not all:<\/span><\/p>\n<p><span style=\"font-weight: 400\">It\u2019s more likely that new graduates will stay unemployed for longer, even years after graduating. And once they do get jobs, they will start off with less than those who were coming into the labour market just last year.<\/span><\/p>\n<p><span style=\"text-decoration: underline\"><strong>Sources:<\/strong><\/span><\/p>\n<p><a href=\"https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/articles\/graduatesintheuklabourmarket\/2017\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Office for National Statistics (ONS)<\/span><\/a><\/p>\n<p><a href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/797308\/GLMS_2018_publication_main_text.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Department for Education<\/span><\/a><span style=\"font-weight: 400\"> (DFE)<\/span><\/p>\n<p><a href=\"https:\/\/www.prospects.ac.uk\/prospects-press-office\/graduate-unemployment-rate-lowest-in-39-years-as-skills-shortages-boost-prospects\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Prospects<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/2020\/apr\/20\/uk-youth-employment-prospects-crumbling-in-coronavirus-crisis\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">The Guardian<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/news\/datablog\/2010\/jul\/15\/employment-statistics-university-graduates\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">The Guardian<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.gov.uk\/government\/statistics\/labour-force-survey-annual-report-2018\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Labour Force Survey<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.statista.com\/statistics\/280501\/national-minimum-wage-in-the-uk-18-to-20-years-old\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Statista<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.timeshighereducation.com\/https%3A\/\/www.timeshighereducation.com\/student\/best-universities\/graduate-employability-top-universities-uk-ranked-employers\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Times Higher Education<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.gov.uk\/government\/statistics\/graduate-outcomes-by-degree-subject-and-university\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Government Statistics<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.hesa.ac.uk\/data-and-analysis\/graduates\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">HESA<\/span><\/a><\/p>\n<p><a href=\"https:\/\/luminate.prospects.ac.uk\/graduate-labour-market-in-2018\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Luminate<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.universitiesuk.ac.uk\/International\/Documents\/international_graduate_outcomes.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">UniversitiesUK<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/higher-education-network\/blog\/2013\/jun\/04\/higher-education-participation-data-analysis\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">The Guardian<\/span><\/a>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Looking into employment prospects for UK graduates in 2020, we can notice that some of the largest UK firms are taking in the most graduates, as new trainees and interns have cancelled their plans for 2020.&nbsp; In contrast, others have furloughed their trainees with the rest of the staff who will get government-paid wages. Some [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":8194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_wp_stack_schedule":false,"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/posts\/3134"}],"collection":[{"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/comments?post=3134"}],"version-history":[{"count":3,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/posts\/3134\/revisions"}],"predecessor-version":[{"id":11021,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/posts\/3134\/revisions\/11021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/media\/8194"}],"wp:attachment":[{"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/media?parent=3134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/categories?post=3134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/markinstyle.co.uk\/wp-json\/wp\/v2\/tags?post=3134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}