I only have data back to 1994/5 - just as the economy recovered from the last recession.
All data, as usual, taken from HESA destination stats.
As we can see, not a lot of change in the proportion entering professional roles. Everything is in the 60-70% range, with dips after the dot.com crash, which sent a lot of economies into recession and caused a downturn in the UK graduate labour market, and obviously around the most recent downturn.
But a fluctuation of just over 6% in that entire time is not great, despite the annual number of UK-domiciled graduates increasing by approximately 100,000 over the time period in question.
(edited to be careful about drawing conclusions from a quick-and-dirty data hack - as we should all be!)
1 comment:
I've just given a presentation on precisely this, the real story that hasn't yet been properly covered by the media.
The fact that UK graduate employment has actually been surprisingly stable and resilient throughout two recessions, a massive increase in participation, and a constant barrage of negativity from even the more respected press and politicians, whilst retaining most of the graduate premium, should be sung from the rooftops.
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