Daily NewsView All News
Students graduating as undergraduates in Spain have an average unemployment rate of 13.1%. This figure falls to 8.8% for students who have completed postgraduate courses. As a result, the number of applications for postgraduate courses has risen +250%, according to research published by Adecco.
The number of postgraduate courses across Spain has grown +13% and currently sits at around 6,000. 15 years ago postgraduate courses numbered only 650. 33% of all graduate training programmes are business related, followed by social sciences and engineering, with 16% and 15% respectively.
The employability of graduate workers is +55% higher than workers who only have undergraduate qualifications, and +201% higher than the total workforce, according to a report by the EAE Business School.
Employability prospects for graduates did not improve much year-on-year, with 5.9% of jobs requiring postgraduate training in 2012, compared with 5.46% the year before. Opportunities for graduates remained highest in Madrid, rising from 7.7% in 2011, to 8.23% of jobs in 2012 requiring postgraduate degrees. The most sought after qualifications were in legal services, consultancy, and health care. Jobs in retail, construction, and logistics provided the fewest graduate opportunities.
Additional training has also been a priority for unemployed people without any degree qualifications. Empleo, the Public Employment Service, reports that 43% of participants in job training programs in 2012 were unemployed.
To read the full EAE report, click here. (Spanish only)
To read the full Adecco report, click here. (Spanish only)