Has the graduate job market been swamped?

In Australia, the proportion of new graduates in full-time employment has declined every year over the period 2009-2014 according to the Graduate Destination Survey (GDS). While it may be the case that poor labour market conditions, together with the size of the cohort, will impact on the proportion of new graduates getting a full-time job, [the authors'] interest is in whether there has been a structural shift in the graduate labour market, such that new graduates are experiencing labour market conditions more severe than those expected on the basis of earlier experience. [The authors] also wish to look at whether there has been a change in the quality of jobs for those graduates who are finding full-time jobs. The size of the sample in the GDS allows [the authors] to undertake the analysis by field of study and type of university.

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