Money: Increasing number of graduates finding full-time work - PressFrom - Australia
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MoneyIncreasing number of graduates finding full-time work

08:55  11 january  2019
08:55  11 january  2019 Source:   msn.com

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Part-time purgatory: University graduates unable to find fulltime work . In 2008, 56.4 per cent of university graduates had secured full time work in the four months since completing their studies. And with number of graduates remaining unemployed increasing , competition also increases year.

The proportion of Australians who landed full - time jobs within a few months of graduating university in 2017 was slightly higher than the year before, but remains significantly lower than a But the figure is still down from the 85.2 per cent of 2008 graduates who found full - time work within four months.

Increasing number of graduates finding full-time work© Getty Swanston Street, Melbourne, on RMIT university graduation day in December 2014

The proportion of Australians who landed full-time jobs within a few months of graduating university in 2017 was slightly higher than the year before, but remains significantly lower than a decade ago.

A new government-funded survey has found 72.9 per cent of graduates in 2017 found full-time work within four months, compared to 71.8 per cent the year before.

The 2018 Graduate Outcomes Survey puts the gradually improving result reflects down to broader strengthening of the jobs market.

But the figure is still down from the 85.2 per cent of 2008 graduates who found full-time work within four months.

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the chart shows the numbers of recent graduates who found full - time work within a four-month period after graduating . in 1995, just over 80% of recent male graduates were working . the trend were similar for female graduates , with a steady overall increase from 78% in 1995 to 83.5 in 2001.

Full - time employment is employment in which a person works a minimum number of hours defined as such by their employer. Full - time employment often comes with benefits that are not typically offered

"Since the global financial crisis, graduates have taken longer to gain a foothold in the labour market," the report released on Friday states.

Ultimately 92 per cent of 2017 graduates were in some kind of employment, with 37.9 per cent working part-time, slightly down on 37.3 per cent the previous year.

The median salary for undergraduates in full-time employment is $61,000, up from $60,000 the year before.

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“ Graduates are increasingly finding themselves in roles which don’t meet their career expectations, while they also find themselves saddled with high levels of debt. This ‘graduatisation’ of the labour market also has negative consequences for non- graduates , who find themselves being overlooked

Nevertheless, the part- time work still remained in the second place in both situations. Same as unemployment which is in the third place in both I've always been confused about the meaning of undergraduate/ graduate / postgraduate . In this essay, I counted Bachelor degree as graduate and

Education Minister Dan Tehan says the results reflect the government's sound economic management, with newly created jobs meaning more opportunities for graduates.

The figures are also "great news" for about 260,000 prospective university students set to receive offers to study on Friday, he said.

"In this country, if you have a go, you get a go," he said.

"Those Australians making the commitment to improve themselves and improve their job prospects through higher education should be congratulated."

Maintaining a trend in last year's survey, 2017 graduates from regional or remote areas were more likely to secure full-time work within months than those from cities.

Their full-time employment rate was 76.7 per cent, compared with 71.8 per cent for metropolitan graduates.

Women graduates continues to earn less than men in their first year, with a median gap of $3000 or 4.8 per cent.

The gap had narrowed to $1100 last year, but had been $3600 for those who graduated in 2015.

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