Graduate Careers Australia
Graduate Grapevine - Number 6, December 2006
Employment Outlook
Australia
- Employment decreased by 32,100 to 10,256,900. Full-time by 48,600 to 7,306,200 and part-time employment increased by 16,600 to 2,950,800.
- Unemployment decreased by 16,200 to 497,200. The number of persons looking for full-time work decreased by 4800 to 355,000 and those looking for part-time work decreased by 11,400 to 142,200.
- The unemployment rate decreased by 0.1 percentage point to 4.6 per cent. The male unemployment rate decreased by 0.2 percentage points to 4.5 per cent and the female rate remained at 4.8 per cent.
- The participation rate decreased by 0.4 percentage points to 64.7 per cent.
Source:Labour Force, Australia, Oct 2006 – www.abs.gov.au/ausstats/[email protected]/mf/6202.0
USA
- According to NACE’s Job Outlook 2007 report, employers expect to hire 17.4 per cent more graduates in 2006-07 than in the previous year.
- Fourth year in a row that the increase in hiring has reached double digits.
- Top degree areas in demand include:
- Associate Degree Level:
- Technology
- Engineering
- Computer Science
- Bachelor’s Degree Level:
- Accounting
- Business Administration/Management
- Computer Science
- Masters degree level:
- MBA
- Electrical Engineering
- Computer Science
- Doctoral Degree Level:
- Electrical Engineering
- Computer Science
- Computer Engineering
Source:Spotlight Online, 16 November 2006
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