Monday, 21 November 2011

How we used to live

Just throwing this one out there.

Data comes from the first destinations surveys of the respective years, from the Universities Statistical Record in 1991 and by HESA in 2010.
I'd like to include the types of occupation, but the economy was so different in structure there's no way I can do it meaningfully.

But we can do some small comparisons - in 1991, 13.5% of working first degree graduates went into science or engineering R&D. Last year it was 3.5%. In 1991, 17.1% of those employed went into financial roles (and that's not even counting management consultants). Last year - 7.5%. The proportions going into law and into health, education and social care (the latter three combined together into one mammoth category in 1991) are almost exactly the same, on the other hand. In 1991, there was no formal measurement of those going into computing and IT. It wasn't significant enough (although some did go in).

How things change.

Monday, 7 November 2011

What Do Graduates Do?

What Do Graduates Do? our annual publication on graduate destinations, produced jointly with AGCAS, has come out this morning. You may have seen some of the press coverage.

For most UK graduates employment is steadily increasing, unemployment is slowly decreasing.

  • 284,160 students graduated in 2010 with a first degree – a 3.6% increase on last year
  • 69.7% (163,090 graduates) were in employment six months after graduation
  • Unemployment went down from 8.9% to 8.5%
  • Record number (100,265 or 63.4%) secured graduate level jobs
The figures show recovery in business and financial services with 7.5% of graduates working in these occupations, the same as that recorded in 2008. Marketing, sales and advertising was the occupational group that saw the largest percentage jump in graduates in 2010. 

The graduate labour market seemed to be very slowly recovering at the start of 2011, and the first half of the year seemed to follow the pattern of painstaking economic recovery, so we've no real reason to believe much changed up until then. The present turmoil in the Eurozone started in earnest during the summer, but as GDP figures show that the economy was still slowly recovering up until September at the least, so the likelihood is that, as things stand, the employment market for this summers' graduates is, at worst, not likely to be too much different to last year's - in other words, not as good as it has been, but better than it was a couple of years ago.