Students with degrees are less likely to have a job than those without them, according to the latest figures from the National College Life Survey.
The survey of more than 7,000 students aged 15 to 19 showed the median unemployment rate among students in the College Life study was just 7.6 per cent.
The data shows that a significant minority of students with a degree or equivalent are either unemployed or out of work for longer than a year.
This means the majority of those with a Bachelor of Arts degree or higher are unemployed, compared with less than half of those who have only a Bachelor’s degree.
The other main groups are those with at least a Bachelor in Business or Economics and those with higher levels of education.
The report found that students with an equivalent degree were slightly more likely than those not with a BA to be out of a job for longer, with 44 per cent of those without an equivalent having to look for a job.
However, a higher proportion of those in the Bachelor of Business or Economic studies were out of job for at least six months, compared to 22 per cent in the other two studies.
The figures also showed that those with more than a Bachelor or equivalent degree had more jobs than those in similar jobs with no equivalent degree.
Overall, the data shows there are a significant number of graduates with jobs, but only around a quarter of those on full time or part time employment.
The study, which is based on a nationwide survey, also found that graduates with more experience are significantly more likely, on average, to have full-time employment than those who did not have the same experience.
The National College is now working with organisations across the country to create a ‘college life’ campaign to help people gain skills and skills-based employment.