Graduate Careers Australia
The Graduate Grapevine – Number 3, March 2006
Employment Outlook
Australia
- Employment rose by 1800 to 10,034,500. Full-time by 30,500 to 7,177,300, part-time decreased by 28,700 to 2,857,200.
- Unemployment rose by 10,900 to 556,800. Full-time by 13,300 to 396,200, part-time by 2300 to 160,600.
- Unemployment Rate rose by 0.1 percentage point to 5.3 per cent. Males by 0.1 percentage point to 5.2 per cent & females by 0.1 percentage point to 5.4 per cent.
- Participation Rate remained at 64.4 per cent.
Source: Labour Force, Australia, Jan 2006 – www.abs.gov.au/ausstats/abs%40.nsf/mf/6202.0
UK
- AGR’s Graduate Recruitment Survey 2006 shows that graduate vacancies are predicted to rise by 14.6 per cent in 2006 – by sector: Manufacturing Engineering; Sales; R&D; Investment Banking; IT.
- Graduate salaries grew by 7.1 per cent in 2005, median salaries are expected to rise 2.3 per cent in 2006.
Source: Graduate Recruiter, Issue 28 February 2006.
USA
- NACE’s Salary Survey shows that employers intend to recruit 14.5 per cent more college graduates in 2005-06 than they hired in 2004-05.
- Average Starting Salary gains: Accounting 6.2 per cent (US$45,723); Business Administration/Management 3.9 per cent (US$39,850); Civil Engineering 4.3 per cent (US$44,999); Liberal Arts & Sciences 6.1 per cent (US$30,828).
Source: Salary Survey A study of 2005-2006 beginning offers, Winter 2006 Volume 45 Issue 1.
|
