Shocking data reveals 36% of 2011 university graduates remain jobless

5 July 2017
321 Views

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

Giannis Antetokounmpo never forgets his roots
GREECE
shares85 views
GREECE
shares85 views

Giannis Antetokounmpo never forgets his roots

makis - Feb 19, 2018

In an interview with ESPN, Giannis Antetokounmpo, known as the “Greek Freak” due to freakish athletic abilities and his prowess…

FYROM PM: Name dispute with Greece to be resolved by July
POLITICS
shares75 views
POLITICS
shares75 views

FYROM PM: Name dispute with Greece to be resolved by July

makis - Feb 19, 2018

The Prime Minister of FYROM, Zoran Zaev effectively announced that his country will have reached an agreement on the name…

Bloomberg: Greece will not receive € 5.7bln tranche at EuroGroup today
FINANCE
shares132 views
FINANCE
shares132 views

Bloomberg: Greece will not receive € 5.7bln tranche at EuroGroup today

makis - Feb 19, 2018

Greece is not expected to receive the Eurogroup approval today for the € 5.7 billion disbursements, as there are still…

Leave a Comment

Your email address will not be published.