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Graduates lose pay advantage in tougher times, but overall workforce entrants seem surprisingly satisfied

  • Written by: Roger Wilkins, Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
Graduates lose pay advantage in tougher times, but overall workforce entrants seem surprisingly satisfiedShutterstock

Around 400,000 people under the age of 25 leave full-time education and embark on their careers each year. The latest HILDA Survey Statistical Report, released today, shows how they have been faring since 2001. Full-time work has become harder, and the pay advantage university graduates enjoy has decreased. Yet, overall, new recruits...

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