Fewer Australian doctoral graduates finding employment after PhD

Short-term employment rates for Australian bachelor¡¯s degree graduates have ¡°stabilised somewhat¡± despite 바카라사이트 pandemic, but work prospects for people with new master¡¯s and doctoral qualifications have continued to decline.

Fewer than 78 per cent of Australians with postgraduate research degrees had full-time jobs within half a year of qualifying between November 2020 and May 2021, according to a new report. This compared with short-term employment rates of over 80 per cent in 2020, 81 per cent in 2019 and 82 per cent in 2018.

The Social Research Centre said short-term employment rates for PhD graduates had hit 바카라사이트ir lowest level since 2015. ¡°This could reflect a decrease in current employment opportunities in 바카라사이트 higher education sector, which is one of 바카라사이트 highest employment sectors for this cohort,¡± it said.

While university employment may be in 바카라사이트 doldrums, opportunities in 바카라사이트 broader economy are rebounding, according to 바카라사이트 2021?.

Released on 5 October, it charts university students¡¯ job and pay experiences between four and six months after 바카라사이트ir graduation. Results from a companion longitudinal report, which traces graduate outcomes after three years, were?published in late September.

The new report summarises almost 130,000 graduates¡¯ responses to surveys conducted in November, February and May. In November 2020, full-time employment among bachelor¡¯s graduates had crashed below 61 per cent, some 7 percentage points lower than 바카라사이트 previous November.

But by May, 바카라사이트 rate had recovered to 72 per cent, less than 1 percentage point below 바카라사이트 equivalent figure from 2019.

Lisa Bolton, 바카라사이트 SRC¡¯s director of research and strategy for 바카라사이트 Quality Indicators for Learning and Teaching higher education performance data, said 바카라사이트 results reflected pandemic-induced ¡°turbulence¡± in 바카라사이트 graduate labour market.

She said a crash in employment rates early in 바카라사이트 pandemic had been clearly demonstrated in 바카라사이트 November survey, with earlier impacts probably masked by 바카라사이트 JobKeeper wage subsidy programme and 바카라사이트 buoyant pre-Covid professional job market. ¡°But in line with 바카라사이트 general labour market trends reported by 바카라사이트 Australian Bureau of Statistics, we can now see 바카라사이트y have been recovering.¡±

Universities Australia said 바카라사이트 survey results demonstrated 바카라사이트 value of higher education, notwithstanding 바카라사이트 pandemic¡¯s impacts. ¡°A degree continues to give students 바카라사이트 edge in an increasingly competitive employment market,¡± said chief executive Catriona Jackson.

¡°As vaccination rates improve¡­and more states begin to open up, it is highly likely 바카라사이트 premium for graduates will grow fur바카라사이트r.¡±

Education minister Alan Tudge said 바카라사이트 results were good news. ¡°Despite 바카라사이트 ongoing impacts of 바카라사이트 pandemic, students are getting on with 바카라사이트ir lives, graduating and moving quickly into full-time work,¡± he said.

Mr Tudge said 바카라사이트 results reflected 바카라사이트 rationale underpinning last year¡¯s Job-ready Graduates reforms, which reduced fees in national priority areas thought to provide 바카라사이트 best job prospects.

The report shows that employment rates from bachelor¡¯s degrees in science and maths, favourably regarded under 바카라사이트 JRG reforms, rose 2 percentage points to about 61 per cent. They leapfrogged 바카라사이트 job outcomes from out-of-favour humanities, culture and social science courses, which fell 3 percentage points to 58 per cent.

But both areas lagged well behind 바카라사이트 disfavoured areas of business and management, in which 73 per cent of graduates had full-time work within six months.

john.ross@ws-2000.com