"Chinatown"-Official media of Chinese Australians

According to the Australian Daily News, the current graduates’ employment prospects are at their worst level since the 1980s. Only 68% of new graduates find full-time jobs four months after graduation, compared to before the 2008 global financial crisis. One proportion exceeds 80%.

In 2013, the starting salary of fresh graduates continued to decline, and the proportion of fresh graduates engaged in full-time jobs dropped to 71.3%.

People are increasingly worried that the weakening of the employment prospects of fresh graduates will become a long-term phenomenon, because more and more people are walking out of college campuses, even if the economy is booming, the employment prospects of fresh graduates cannot be restored to the previous level.

However, the long-term benefits of getting a college degree still exist. The latest "2014 Graduate Employment Survey" shows that three years after graduation, 90% of college students are in full-time jobs.

Jeff Borland, a labor market economist at the University of Melbourne, said that the more severe employment situation partly reflects economic stagnation, but it is also likely to be a "structural" problem because the government has cancelled public funds since 2010. After the number of college students is restricted, the number of graduates has soared.

"If the economy recovers, you can expect the employment prospects of graduates will improve, but it will not return to the previous level." Professor Boland said.

Andrew Norton, a higher education expert at the Grattan Institute, agrees. "This is serious, this situation exists in most disciplines, and there is no sign that it will get better."

A survey of 11.3 recent graduates found that among those looking for full-time jobs, nearly 12% had no job at all, and 20% were in part-time or part-time jobs.

In 2008, 85% of recent graduates found full-time jobs four months after leaving campus, and only 5% were completely unemployed.

The average starting salary for full-time graduates is 5.25 yuan, which is unchanged.

The starting salary for male fresh graduates is higher than that for females, at 5.5 yuan, and for women at 5.2, but Graduate Careers Australia says that most of the differences reflect the choice of subjects.

Law graduate Jess Price (Jess Price), after graduating from Queensland University of Technology in Brisbane in 2013, found a career in law, but she eventually had to give up and go to La Trobe University in Melbourne to continue her studies .

However, after receiving her master's degree in May this year, she still failed to find a job in law and had to accept a student administration job in the university.

Dental graduates have the highest starting salary at 7.5, followed by optometry, engineering, mathematics and medicine. The lowest starting salaries are medicine, art, humanities and veterinary medicine in order.

The best job prospects are medicine, nursing, dentistry, economics, and engineering. Generally, more than 75% of fresh graduates can find a full-time job four months after graduation, but not necessarily professional counterparts.

The worst is the performance and visual arts. Only 45% of graduates can find full-time jobs. In addition, only 48% of life science graduates can quickly find employment.

News compiled from "Australia Daily"

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