Rates of employment for graduates are back to levels of boom-times

job-opportunities

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A new report by the Higher Education Department (HED) claims that rate of graduates employment from the employment boom time is back today.

The statistics of a survey in 2016 of more than 18,000 students who are graduates show that about 70% of graduates are employed – Overseas at 10% and most belongs to Ireland at 60%

Apart from remaining graduates, most of them went to higher studies at 31%, not available for work at 3% or while fewer numbers were searching employment at 5%

The survey is with reference to data gathered over 9 months after graduation. Altogether it was seen that trend upward improved the prospects of graduates for employment has shot up and In Ireland, the number of the graduates’ now searching for employment is similar to the pre-recession numbers.

Even though many face problems to secure a permanent position in the education sector, it still has the major ratio of employment of about 85% among the graduates.

38% of Technology or ICT graduates are earning the highest average salary with a minimum of €33,000
Humanities and Arts graduates had lower employment rates while being paid the lowest wages. and they were well paid least. 15% of graduate’s income was less than €13,000.

Degrees in Honours

As per education levels, the expected income has increased for graduates. Example. bachelor graduates with honors at 40% earned less than €25,000.

About 35% of doctorate level earned €45,000 which is higher than compared with diplomas in higher at 18% and degree bachelor graduates with honors at 3%.

Compare to degrees of colleges the employment rates increased.

Last year the rate of unemployment for degree bachelor holders at 3%, compared to education at upper secondary at 9% and for secondary lower education at 13%.

The report within Ireland shows important regional variations where most of the graduates are in employment.
Many of the graduates from Irish university get the jobs in Coark and Dublin.

In Dublin region 42% found working, in the southeast at 4% ended up, Croak-Kerry region at 17%, border region at 3% and in Midlands at 2%.

Jobs at Regional

Chief Executive of the HEA Dr. Graham Love, said: “The evidence continues to point to a higher education qualification meaning that you are less likely to be unemployed and tend to have a higher starting salary.

“There is a challenge, however, for us to create more graduate employment opportunities outside of Dublin and Cork in order to ensure better regional development.”

Further, he added that development planned for universities of technology is one way of addressing this.

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