Hi, I’m Wade Zaglas, education editor for Campus Review. Once upon a time, having a degree – yes, any degree – was seen as a guarantee to getting into the workforce and eventually working up the ranks.
But a new report commissioned by Graduate Careers Australia, entitled The future work for Australian graduates, concluded that while having a degree still made your job prospects better, industry-related degrees that were in high demand not too long like maths and science-based degrees aren’t as sought after anymore.
A key reason why jobs for science grads were no longer guaranteed or likely is due to less funding being available for public science research, news.com.au reported.
For example, biology graduates now have a 15 per cent lower chance of gaining a full-time job than the general population.
In a harbinger of what’s likely to come, last year roughly a third of all jobs required at bachelor’s degree as a minimum. According to the Graduate Careers Australia report, roughly 800,000 jobs over the next decade across the country will require a degree.
The same report highlighted that, four months after graduating in 2018, teaching and medicine graduates were enjoying the best employment rates. Nearly 100 per cent of medicine graduates secured full-time positions four months after graduating, while 83 per cent of teachers also enjoyed high rates of full employment shortly after graduating.
See omnystudio.com/listener for privacy information.