A report for the Morrison government warns employment prospects for graduates have been deteriorating since the global financial crisis, but undertaking work placements can give students an advantage. employment auspol
Relevant work experience while studying is increasingly crucial to university students’ job prospects, with graduates who have had a taste of work-integrated learning up to 32 per cent more likely to be employed in their field by age 25.Credit:has warned employment prospects for Australian university graduates have been deteriorating since the global financial crisis, with a growing number of graduates mired in part-time, low-skill and low-paid jobs.
Yet work experience while studying remains the exception in many of the most popular fields of higher education, including the sciences, management and commerce, humanities, creative arts and IT, with less than 30 per cent of university students enrolled in a unit that includes a work experience component.
The popularity of higher education among school-leavers has soared in the past 15 years, rising from 41 per cent of secondary school graduates to 55 per cent between 2005 and 2019. Young people have experienced deteriorating job market outcomes since the global financial crisis of 2008 and have been making poorer transitions into the workforce compared with previous generations, “finding jobs in lower-scored occupations, working fewer hours and struggling to move upwards over time”, the review found.
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