For the latest career and industry-related statistics, figures and information, keep checking in here to the GO website!*
For example, did you know that …
The 2016 GOS report saw a slight improvement in the short-term employment prospects of new graduates compared with the 2015 AGS report.
• 70.9 per cent were in full-time employment at the time of the GOS compared with 68.8 per cent at the time of the 2015 AGS (see Fig. 1). This is up from 68.1 per cent in the 2014 AGS but down from 71.3 per cent in 2013
• The full-time employment figure for males was 70.1 per cent in 2016 (68.4 per cent in 2015) while for females it was 71.5 per cent (69.1 per cent in 2015).
• The overall employment rate for undergraduates was 86.4 per cent in 2016. This refers to graduates who had any employment.
• Middle- to longer-term employment prospects for undergraduates remain strong. QILT’s follow-up longitudinal GOS (GOS-L) showed that three years after reporting a full-time employment rate of 70.9 per cent in 2013, by 2016 this had grown to 88.4 per cent. GCA’s Beyond Graduation Survey (BGS) showed similar improvements in employment figures three years out.
• Bachelor degree graduates in the wider Australian workforce (aged 15-74) had (at the time of the 2016 GOS) an unemployment rate of just 3.1 per cent compared with an overall rate of 5.6 per cent and 8.2 per cent for those with no postschool qualifications .
• The median annual salary for new Australian resident bachelor degree graduates in full-time employment in Australia was $57,900 in 2016, up from $54,000 in 2015..
• Just over one-fifth of respondents (21.6 per cent, up from 19.7 per cent in 2015), were undertaking further full-time study .
• Overall satisfaction with courses as measured by the Course Experience Questionnaire (CEQ) remains at an elevated level, with 80.6 per cent of graduates expressing satisfaction with their courses.
• Just over half of the graduates who found full-time employment in 2014 or 2015 learned of their job first through one of three strategies: searching advertisements on the internet (26.9 per cent), talking to family or friends (14.2 per cent) and visiting university or college careers services (11.7 per cent).
• Overall, 84 per cent of employers were highly satisfied with the performance of their new recruits.
*Information provided by Graduate Careers Australia, www.graduatecareers.com.au.