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
48% of Greeks say the country benefited from EUmakis - Oct 17, 2017
48% of Greeks believe the country has benefited from the EU in 2017, a 4-point rise compared to 2016, according…
Tsipras-Trump meeting underwaymakis - Oct 17, 2017
The meeting between the US President Donald Trump and the Greek Prime Minister Alexis Tsipras in the White House has…
Mitsotakis’ meeting with Jean Claude Juncker and the Communications Task Forcemakis - Oct 17, 2017
Kyriakos Mitsotakis is set to attend the European People’s Party summit in Brussels. On the 18th and 19th of October…