Friday, 19 November 2010

Best and worst universities for graduate jobs

As the number of young people out of work hits the one in five mark, we look at the best and worst universities for graduate employment prospects.

Youth unemployment and hopes dashed: One in 10 graduates are unemployed.

The scramble for graduate jobs caused by the recession left one in 10 university leavers out of work last year. Nearly 70 graduates were vying for every job going on average, while graduate unemployment reached a 17-year high, according to industry figures.
Employment experts predict competition for places will only increase further over the next few years as youth unemployment remains high. Official figures from the Office for National Statistics, out today, are expected to show the number of 18 to 24-year-olds out of work remained at the one in five mark in the three months to September.
However, the latest figures from the Higher Education Statistics Agency (HESA) show an alarming difference in employment prospects across universities in the UK.
At the very top of the table, the University of Surrey recorded an employment rate of 96.9pc, with just 30 of its 935 graduates left out of work last year.
In stark contrast at the bottom of the league table, one in four graduates at London’s South Bank University were left unemployed after completing their degrees last summer. The university had an employment rate of 74.4pc, with 590 graduates in work out of a total of 790, the HESA figures showed.
The London Metropolitan University also delivered one of the worst employment rates, at 74.5pc, followed by the University of Greenwich at 79.8pc, another London-based institution.
High profile universities such as Oxford and Cambridge fared above average, with employment rates of 92.6pc and 95.2pc respectively.
In total 18,800 graduates could not find work last year across all UK institutions, leading to an unemployment rate of 10.1pc, the HESA figures found.
Top 5 universities for graduate job prospects Employment rate (pc) 
The University of Surrey 96.9 
Harper Adams University College 96.5 
The Robert Gordon University 95.9 
The University of Cambridge 95.2 
King's College London 94.6 
Bottom 5 universities for graduate job prospects Employment rate (pc) 
London South Bank University 74.4 
London Metropolitan University 74.5 
The University of Greenwich 79.8 
The University of Wales, Lampeter 80.2 
The University of Bolton 80.5 
Article by By Louisa Peacock on Telegraph.

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