Shocking data reveals 36% of 2011 university graduates remain jobless
The impact of the crisis on the higher education sector and its link with the labor market is evident, according to a survey released on Wednesday by the Foundation for Economic and Industrial Research (IOBE).
According to the data, 36% of tertiary education graduates from 2011 onwards are unemployed. At the same time, compared with graduates from previous years, the percentage of temporary or part-time work has increased, with 57% of workers with a degree after 2011 receiving a monthly salary between 400 and 800 euros.
Overall, Greece has the lowest employment rate of tertiary graduate workers in the European Union, with the EU-28 average approaching 80% compared to Greece’s 65% (2016 data).
In 2016, people with post-secondary education or a high school diploma had the highest rate of unemployment, while those with a university or technological education saw an 11% rise, from 7% in 2009 to 18% in 2016. The data also revealed that most graduates found employment in the services sector, with the Education industry absorbing the highest percentage (20.7% in 2016), a quarter of whom had graduated from university.
Public administration and Defence came second accounting for a total of 13.4% of tertiary education graduates. These percentages differ from the European Union average, accounting for 16% in Education and 9% in Public Administration-Defense.
You may be interested
Previous Next French President Macron addresses nation on yellow vest protestsPanos - Dec 11, 2018
French President Emmanuel Macron on Monday pledged to cut taxes for pensioners and raise the minimum wage in January but…
Greek state’s arrears to private sector again up in Oct. 2018; total reaches 2.61 bln€Panos - Dec 11, 2018
The state's arrears to the private sector increased in October 2018 - the last month for which figures are available…
Tsipras claims Greece promotes stability in region via Prespes Agreement with FYROMPanos - Dec 11, 2018
Pro-FYROM Rainbow party calls for Greece to introduce “Macedonian” language in public schools Commenting on the Prespes Agreement between Greece…