General Article Graduates in the UK labour market 2013

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Key points

  • In 2013 there were 12 million graduates in the UK.
  • Steady increase in the number of graduates in the UK over the past decade.
  • In April to June 2013 graduates were more likely to be employed than those who left education with qualifications of a lower standard.
  • Non-graduates aged 21 to 30 have consistently higher unemployment rates than all other groups.
  • Non-graduates aged 21 to 30 have much higher inactivity rates than recent graduates.
  • Over 40% of graduates worked in the public administration, education and health industry.
  • Graduates were more likely to work in high-skilled posts than non-graduates.
  • Annual earnings for graduates reached a higher peak at a later age than the annual earnings for non-graduates.
  • In 2013 those graduates that had an undergraduate degree in medicine or dentistry were the most likely to be employed and had the highest average gross annual pay.

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