How many graduates are unemployed in UK?

In 2023, estimates show there will be 36.4 million graduates in the UK. Undergraduate figures increased by 7% from 492,355 in 2020 to 527,070 in 2021. Recent graduates (2020 onwards) currently face an unemployment rate of 12%, which equates to over 96,000 unemployed graduates each academic year.

What percentage of graduates get a job in the UK?

In 2022, the employment rate for working-age graduates (those aged 16 - 64) was 87.3%, an increase of 0.6 percentage points on 2021 (86.6%).

How many people are unemployed after graduation?

The latest unemployment rate for recent graduates, at 4.4 percent, is higher than the overall joblessness rate and nearly double the rate for all workers with a college degree, according to an analysis by the Federal Reserve Bank of New York.

What age group is most unemployed UK?

There were approximately 524,000 unemployed people aged between 16 and 24 in the United Kingdom in the second quarter of 2023, the most of any age group.

Who is most likely to be unemployed in the UK?

9% of people in the combined Bangladeshi and Pakistani ethnic group were unemployed – the highest rate out of all ethnic groups. 7% of people from the black and Asian 'other' ethnic groups were unemployed. 3% of white people were unemployed – the lowest rate out of all ethnic groups.

UK Graduates Face Toughest Job Market in Years

What are the least employable degrees UK?

Traditional subjects such as History, French and English Literature are among the least helpful when it comes to employment. Worldwide, degrees such as The Science of Harry Potter, Golf Management and Star Trek have been ridiculed, but statistics from the UK's Higher Education Statistics Agency tell a different story.

Which degrees are most employable UK?

What is the most employable degree?

What percentage of graduate students are unemployed?

The Quarterly Labour Force Survey conducted by Statistics South Africa revealed that in the first quarter of 2023, the unemployment rate among university graduates aged 15-34 stood at a staggering 33.6%.

What percentage of graduates find jobs after graduation?

34% of employed college grads could have gotten their current jobs without a college degree. The good news – at least on the surface – is that 89% of respondents are gainfully employed, with the remaining grads still job-searching.

Are roughly 53% of recent graduates unemployed or underemployed?

The fact is that approximately 53% of college graduates are unemployed or working in a job that doesn't require a bachelor's degree. It takes the average college graduate three to six months to secure employment after graduation. A student benefits from having a career-seeking strategy and previous work experiences.

Is it hard to get a job after graduation in UK?

You're not the only one. Every year over 500,000 students graduate from UK universities. Whilst 90% are in employment or have started further studies within six months, finding a job isn't an easy one. But if you treat it as a job and are focused you will achieve your goal earlier.

Is it difficult to get a job in UK after graduation?

International graduates face an enormous challenge in securing graduate-level employment in the UK. Currently, only 7% of all international graduates succeed.

How hard is it to get a graduate job UK?

The graduate job market is highly competitive because there is an overabundance of qualified graduates. For every job vacancy, there are around 80 applicants.

What is the least popular degree UK?

What are the top 5 hardest degrees in the UK?

The hardest degrees in the UK are Law, Chemistry, Architecture, Medicine, Economics, Computer Science, Electrical Engineering, and Neuroscience.

What is the hardest job to get in UK?

What degree has the highest dropout rate UK?

Their insights reveal that computer sciences are the subjects which suffer from the highest dropout rate at 9.8%, with medicine, dentistry and veterinary science being the subjects which see the lowest, at just 1.5%.

What is the least regretted major?

Business is often considered the least-regretted major, which means that individuals who choose business degree programs are ultimately more satisfied with their career path than those who choose to pursue other majors.

What is the highest paid unskilled job in the UK?

How many people in the UK don't work?

Key figures

The UK unemployment rate was 4.2%, and 1.46 million people aged 16+ were unemployed. Unemployment levels increased by 16,000 since the previous quarter, increased by 216,000 on the year and were 84,000 above pre-pandemic levels.

Which gender is the most unemployed?

The unemployment rate for women decreased by 3.1 percentage points from the prior year to 5.2 percent in 2021. The rate for men was 5.5 percent in 2021, down by 2.3 percentage points over the year.

How many Muslims in UK are on benefits?

Similarly, over 10% of those surveyed noted that they lived in social or council housing whilst a further 40% indicated that they were in receipt of some form of benefits. In both groups, over two-thirds of Muslims noted that they have experienced difficulty in affording at least one household bill.