The Australia Institute’s Centre for Future Work has released a new report examining university-to-job pathways, which notes that job prospects for university graduates has unambiguously worsened since the Global Financial Crisis. It also debunks the claim that Australia is experiencing chronic skills shortages:
Key Findings:
tcomes for university graduates have deteriorated notably since the GFC. Full-time work placements have deteriorated (from 85% in 2008 to 73% in 2018, measured by full-time employment 4 months after graduation). Many graduates report being underemployed: both quantitatively (working fewer hours than they want) and qualitatively (in jobs that do not fully or even partially use their hard-won expensive skills), and insecure work has become a big problem for graduates (like for others in the labour market).
