University graduates take advantage of record jobs growth
- Minister for Education
Almost 90 per cent of university graduates are in full-time work with a median salary of $70,000 within three years of graduating.
A higher education qualification continues to be a reliable way of securing work, according to the 2018 Graduate Outcomes Survey – Longitudinal report released today.
Minister for Education Dan Tehan said more graduates were putting their skills and training to good use in the workplace.
"The national unemployment rate is now just five per cent, the lowest it has been since April 2012, with more than one million jobs created under our Government," Mr Tehan said.
"With so many jobs being created it’s no surprise university graduates are in demand with a higher education qualification proving to be a solid pathway to employment.
"The survey found more than 80 per cent of undergraduates in fulltime work had managerial or professional roles three years after graduating.
"The Federal Government is providing record funding to Australia’s universities, and the return on that investment is job-ready graduates who can take advantage of the employment opportunities our economy is creating."
The 2018 Graduate Outcomes Survey – Longitudinal report is available at the QILT website.