As college students, we all want to know what the future holds for us. We all want to know what our chances are of getting a job after college. With the current job market, it can be hard to know what to expect. Fortunately, there are statistics that can help us better understand our chances of getting a job after college.
In this blog post, we will take a look at the main getting a job after college statistics and what they mean for college students. We will also discuss ways to increase your chances of getting a job after college.
Getting A Job After College: The Most Important Statistics
35% of undergraduates and 36% of postgraduates who studied science subjects and were working in the UK were employed in the human health and social work industry, and 40% of computing graduates were in the information and communication industry.
College graduates are more likely to be employed, employed full-time, and have higher salaries than those without college degrees.
Getting A Job After College: Statistics Overview
The EU employment rate for recent graduates in 2021 was 79.6%, however there are large differences between countries with the highest rates in the Netherlands and Germany and the lowest rates in Italy and Greece.
This matters in the context of getting a job after college statistics as it shows that the overall state of the economy and the country can have a large impact on the availability and quality of job opportunities for recent graduates.
The unemployment rate for recent graduates in East Asian countries has decreased in Japan, but increased in other countries from 2004 to 2020.
This information shows that the mass-produced higher education system has not been successful in providing graduates with job opportunities, making the labor market more competitive.
74.8% of 20-29-year-olds who earned a bachelor’s degree in 2021 were employed in October 2021, up from 67.3% in October 2020.
The job market is improving for recent college graduates, and women are more likely to be employed than men, which could indicate that there are more job opportunities for women than men. This could be a sign of progress in terms of gender equality in the job market.
One study shows that higher education levels lead to higher employment rates, with people who have a Bachelor’s degree having an 85% employment rate.
It shows that investing in higher education can lead to better employment prospects.
The COVID-19 pandemic has had a significant effect on recent graduates’ job prospects, career choices, and access to resources. With female graduates being less confident about their futures, only a third of graduates receive job offers, and a decrease in available opportunities.
This matters in the context of getting a job after college because it highlights the difficulties that recent graduates are facing in the current job market.
35% of undergraduates and 36% of postgraduates who studied science subjects and were working in the UK were employed in the human health and social work industry, and 40% of computing graduates were in the information and communication industry.
This statistic provides insight into which industries are employing graduates from different fields of study, and which fields of study are most likely to lead to employment in particular industries.
College graduates have higher employment rates and greater annual earnings than those with lesser levels of education.
College graduates have better job prospects and higher salaries than those without a college degree. This is especially relevant in the current job market, which has been significantly impacted by the coronavirus pandemic. This data highlights the importance of obtaining a college degree in order to increase one’s chances of finding a job and earning a higher salary.
College graduates saw a bigger decrease in labor force participation during the Covid pandemic than during the Great Recession.
This matters because it shows that the job market for college graduates is more difficult now than it was during the Great Recession, which could have long-term implications for the job prospects of college graduates.
College graduates are more likely to be employed, employed full-time, and have higher salaries than those without college degrees.
This demonstrates the value of a college degree in terms of employment prospects and earning potential. It also shows that, despite the cost of college, it is a good investment in terms of future earnings. This information can be used to help students make informed decisions about their education and career paths.
The unemployment rate for recent college graduates aged 21-24 without an advanced degree was higher in 2019 than in 2000 for all races, ranging from 0.2 p.p. higher for white graduates to 1.8 p.p. higher for Asian American and Pacific Islander recent graduates.
The job market for recent college graduates was already challenging before the COVID-19 pandemic, and that the pandemic has only exacerbated this challenge.
The proportion of first-degree graduates in part-time employment was greatest amongst those who obtained a third-class honours/pass (15%) and lowest amongst those who obtained a first-class honours (9%).
It shows that those with higher degree classifications are more likely to be successful in securing full-time employment, and those with lower degree classifications are more likely to find themselves in part-time or temporary work. This has implications for those considering further study, as it may be beneficial to aim for a higher degree classification in order to increase their chances of finding full-time employment.
Graduates who studied design, and creative and performing arts were more likely to go into part-time employment (26%) than those who studied other subjects.
This statistic shows that graduates in design, creative, and performing arts fields have a higher rate of part-time employment than other graduates. This suggests that these graduates may be more open to pursuing part-time employment opportunities, which could be a sign of increased flexibility and creativity in the job market. It also suggests that employers in these fields may be more likely to offer part-time work to recent graduates.
Among computing graduates in UK work, 40% were in the information and communication industry.
For non-science subjects, the highest proportion of undergraduates and postgraduates went on to work in the education sector.
This information gives us an insight into the types of jobs that graduates from the UK are going into. It also shows that the majority of graduates are going into the education sector, which is important for the future of the UK’s educational system. By understanding where graduates are going, we can better prepare and equip them with the skills necessary to succeed in their chosen field.
Supplementary Statistics
91% of recent college graduates are employed or enrolled in further education.
The majority of recent college graduates are able to find employment or continue their education, demonstrating that college is a worthwhile investment. This statistic is especially relevant to those considering college, as it provides evidence that a college degree can lead to a successful career.
54% of recent college graduates received job offers in 2021.
Despite the economic downturn caused by the pandemic, many graduates have been able to find employment. This statistic is an encouraging sign for those who are currently in college or are about to graduate, as it demonstrates that there are still opportunities available for those who are willing to put in the effort.
Approximately 77% of students from the classes of 2020 had a job or internship offer rescinded amid COVID-19.
It highlights the difficulty that many students have faced in securing employment after college, and the need for them to be creative and resourceful in their job search. It also serves as a warning to those who are still in college to be prepared for a challenging job market when they graduate.
On average, it takes college graduates about 3-6 months to find a job after graduation.
This provides a realistic timeline for job seekers to plan their search and gives them an idea of how long they should expect to be looking for a job. Knowing this statistic can help college graduates better prepare for their job search and make sure they are taking the necessary steps to find a job in a timely manner.
STEM graduates have an unemployment rate of 3.4%.
It indicates that those who pursue a degree in STEM fields have a greater chance of finding employment after college than those who pursue other fields. This is an important statistic for those considering their college major, as it shows that STEM degrees can provide a more secure job outlook.
72.3% of college graduates have jobs that require college degrees within one year of graduation.
The majority of college graduates are able to find jobs that require a college degree within one year of graduation, indicating that employers are willing to invest in college graduates and that a college degree is a valuable asset in the job market. This statistic is an important piece of evidence for anyone considering investing in a college degree.
By 2022, 70% of college graduates will have completed an internship before graduation.
Employers are increasingly expecting college graduates to have some form of work experience before they even enter the job market. This means that students should take advantage of internships while in college to gain valuable experience and make themselves more attractive to employers.
College graduates with engineering degrees have the highest starting salaries, averaging $69,188 per year.
College graduates with engineering degrees can expect to receive a higher starting salary than those with other degrees, making it a great choice for those looking to maximize their earning potential after college.
82% of college graduates expect their first job to be related to their college major.
Most college graduates are looking to use their college major as a launching pad for their career, and that they are confident in their ability to find a job related to their major. This statistic is important for anyone looking to get a job after college, as it provides insight into the expectations of college graduates and the importance of their college major.
65% of college graduates expect to find a job within 1-6 months of graduating.
The majority of college graduates are optimistic about their job prospects and are likely to be actively searching for employment soon after graduating. This statistic is important to consider when discussing the job market for college graduates, as it provides a snapshot of the current job market and the expectations of those entering it.
Only 60% of college graduates think their first job set them on their desired career path.
It suggests that a significant portion of college graduates are not able to find a job that allows them to pursue their professional goals, which can be a source of frustration and disappointment. This statistic is an important reminder that the job market can be a challenging place for recent college graduates, and that it is important to be prepared and have a plan for finding the right job.
43% of recent college graduates are underemployed, working in jobs that do not typically require a college degree.
This highlights the difficulty of finding a job that is commensurate with the level of education and training that college graduates have received. It also serves as a warning to those considering college that they may not be able to find a job that utilizes their degree, and that they should be prepared to take on a job that does not require a college degree.
23% of Generation Z believe a master’s degree is necessary to achieve their career goals.
A large portion of this generation is willing to invest in furthering their education in order to reach their desired career objectives. This statistic can be used to inform readers of the importance of investing in higher education and the potential benefits it can bring.
39% of college graduates state that internships or working in a professional industry before graduation positively impacts job prospects.
Having a background in the industry can give college graduates a competitive edge when it comes to finding a job after graduation. This statistic is especially relevant for those who are looking to make the most of their college experience and maximize their job prospects.
42.2% of U.S. college graduates aged 22-27 are in jobs that do not require a bachelor’s degree.
Despite having a college degree, many young adults are unable to find employment that requires their degree. This can be disheartening for those who have invested time and money into their education, and it can be a discouraging sign for those who are considering college. This statistic is an important one to consider when discussing the job prospects of college graduates.
Over 50% of college graduates aged 22-27 who are employed full-time earn a median income of $44,000.
A majority of college graduates aged 22-27 who are employed full-time are able to earn a median income of $44,000, which is a significant amount of money for a young person just starting out in the workforce. This statistic is important for those considering college as it provides a realistic expectation of the financial rewards that can be achieved after graduating.
Conclusion
It is clear that getting a job after college can be a difficult task, but it is not impossible. With the right preparation and dedication, you can increase your chances of success. College graduates should take advantage of the resources available to them, such as career counseling, job fairs, and networking events.
Additionally, they should focus on developing the skills employers are looking for, such as communication and problem-solving. With the right approach, college graduates can find the job they want and start their career on the right foot.
References
1 – https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Employment_rates_of_recent_graduates#Employment_rates_of_recent_graduates_over_time
2 – https://globaldialogue.isa-sociology.org/articles/higher-education-and-employment-east-asian-trends
3 – https://www.bls.gov/news.release/hsgec.nr0.htm
4 – https://nces.ed.gov/programs/coe/indicator/cbc
5 – https://www.agcas.org.uk/write/MediaUploads/Resources/Research%20and%20knowledge/826_The_impact_of_Covid-19_on_recent_graduates_career_decisions_and_outcomes_-_July_2021.pdf
6 – https://www.hesa.ac.uk/news/16-06-2022/sb263-higher-education-graduate-outcomes-statistics/study
7 – https://www.forbes.com/sites/michaeltnietzel/2022/06/01/new-report-shows-college-degree-continues-to-provide-better-employment-prospects-and-higher-income/?sh=1fc4ff842358
8 – https://www.cnbc.com/2021/12/10/50percent-of-the-class-of-2020-got-full-time-jobs-6-months-after-graduation.html
9 – https://collegeaffordability.urban.org/after-college/employment-after-college/#/
10 – https://bebraven.org/memo-3-how-has-covid-19-changed-the-job-search-and-outcomes-for-recent-graduates/
11 – https://www.cnbc.com
12 – https://www.naceweb.org
13 – https://www.burning-glass.com
14 – https://www.educationdive.com
15 – https://www.accenture.com
16 – https://www.higheredjobs.com
17 – https://www.newyorkfed.org
18 – https://www.bls.gov
19 – https://nces.ed.gov
