The Department for Education offers the following analysis of the graduate labour market:
In 2016, working age (aged 16-64) graduates earned on average £9,500 more than non-graduates, while postgraduates earned on average £6,000 more than graduates. These gaps were narrower for the young (aged 21-30) population, with graduates earning £6,000 more than non-graduates, and postgraduates earning £4,000 more than graduates, on average.
Between 2015 and 2016 young postgraduates saw a 1.8 percentage point increase in the proportion of high skilled employment, to 75.3%.
Graduates that studied Science, Technology, Engineering and Mathematics (STEM) subjects, on average, had higher employment rates, greater high-skilled employment rates, lower unemployment rates and higher median salaries than the graduate population as a whole.
Within the working age population, Law, Economics and Management (LEM) graduates earned, on average, £1,000 more than STEM graduates. We see a similar pattern for the young population, with young LEM graduates earning £2,000 more than young STEM graduates.
All Post Graduates
Taught Post Graduates
Research Post Graduates
Due to rounding, percentages may not add up to 100%
