2024-09-02 09:00:02
Summary of the Federal Statistical Office press release on 29 August 2024: Career prospects of Swiss university graduates in 2023
Graduate employment status
The Federal Statistical Office (FSO) reports that the unemployment rate for university graduates has risen slightly between 2021 and 2023, from 2.7% to 3.2%. For the class of 2022, 3.9% of HEU master’s degree holders and 3.4% of HES bachelor’s degree holders are unemployed one year after receiving their diploma. Graduates from higher education institutions (HEP) fared best, with only 0.8% being unemployed.
Analysis by research field
The study showed that graduates of medicine and pharmacy and technical sciences had the easiest time entering the job market, while graduates of the Bachelor of Design degree had more difficulty, with an unemployment rate of 8.6%. HES bachelor degree holders in fields such as health (0.9%) and social work (1.4%) had the lowest unemployment rates in 2023.
The impact of income and inflation
Median incomes for degree holders fell slightly by 1.3% in real terms compared to 2021, with rising inflation affecting their purchasing power. HEU Master’s and HES Bachelor’s degree holders have similar median incomes, while HEP graduates earn 15,000 francs more. Incomes vary by field of study; for example, graduates in economic sciences earn more than those in law.
in conclusion
These results show contrasting career profiles for graduates of higher education institutions in 2023, which have a direct impact on their integration into the labour market and their earnings, and are influenced by the type of diploma and overall economic background. These data highlight the importance of improving training conditions and employment support initiatives for future graduates.
source: Federal Statistical Office (admin.ch)
Photo credits: News Editor pass Depositphotos
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