* The majority of 2022 higher education graduates (84%) were in substantial employment in the first year after graduation. This compares with 85% of the 2021 graduate cohort and 72% of the 2013 cohort.
* The most common sectors for 2022 graduates to gain employment in were Professional, Scientific & Technical Activities, Education, and Human Health & Social Work Activities. These three sectors accounted for 43% of substantial employments one year after graduation.
* Overall, median earnings one year after graduation for the 2022 cohort of graduates stood at €625 per week, up from the median earnings of €595 per week for the 2021 cohort of graduates.
* Earnings of graduates increased over time. Looking at the 2013 cohort, earnings rose in the 10 years after their graduation, with average weekly earnings up by €660, from €430 in the first year after graduation to €1,090 in 2023.
* Approximately 23% of those graduating in 2022 had re-enrolled in higher education one year after their graduation, compared with 26% of the 2021 graduation cohort.
An individual is regarded as being in ‘substantial employment’ within a given calendar year if they fulfil either of the criteria below.
**1. Substantial P35 Employment**
They fulfil the following two requirements:
They have at least 12 weeks of insurable work within the calendar year across all employments. This can be supplemented by weeks of maternity and/or illness leave.
The average weekly earnings from their main employer is at least €100 per week;
**2. Substantial Self-Employment**
Their total turnover across all self-employment activities is at least €1,000 within the calendar year.
ZealousidealFloor2 on
Does the not captured include international students or something? Would explain why it’s so high in RCSI.
Playful-Parsnip-3104 on
That is an atrociously poor figure, which should give pause to anyone who hasn’t yet recognised that higher education is an enormous money-spinner delivering little to no value to the majority of people who undergo it, and that it should properly be a highly-selective exercise solely for the 5-10% of the most academically-minded among the population.
But sadly common sense is a pipe dream in today’s world.
However, it is quite obviously untrue that education is the highest-paying sector for graduates, which calls the rest of the infographic into serious doubt.
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**Key Findings**
* The majority of 2022 higher education graduates (84%) were in substantial employment in the first year after graduation. This compares with 85% of the 2021 graduate cohort and 72% of the 2013 cohort.
* The most common sectors for 2022 graduates to gain employment in were Professional, Scientific & Technical Activities, Education, and Human Health & Social Work Activities. These three sectors accounted for 43% of substantial employments one year after graduation.
* Overall, median earnings one year after graduation for the 2022 cohort of graduates stood at €625 per week, up from the median earnings of €595 per week for the 2021 cohort of graduates.
* Earnings of graduates increased over time. Looking at the 2013 cohort, earnings rose in the 10 years after their graduation, with average weekly earnings up by €660, from €430 in the first year after graduation to €1,090 in 2023.
* Approximately 23% of those graduating in 2022 had re-enrolled in higher education one year after their graduation, compared with 26% of the 2021 graduation cohort.
https://www.cso.ie/en/releasesandpublications/ep/p-heo/highereducationoutcomes-graduationyears2013-2022/keyfindings/
Since this was buried in the documentation…
**Substantial Employment**
An individual is regarded as being in ‘substantial employment’ within a given calendar year if they fulfil either of the criteria below.
**1. Substantial P35 Employment**
They fulfil the following two requirements:
They have at least 12 weeks of insurable work within the calendar year across all employments. This can be supplemented by weeks of maternity and/or illness leave.
The average weekly earnings from their main employer is at least €100 per week;
**2. Substantial Self-Employment**
Their total turnover across all self-employment activities is at least €1,000 within the calendar year.
Does the not captured include international students or something? Would explain why it’s so high in RCSI.
That is an atrociously poor figure, which should give pause to anyone who hasn’t yet recognised that higher education is an enormous money-spinner delivering little to no value to the majority of people who undergo it, and that it should properly be a highly-selective exercise solely for the 5-10% of the most academically-minded among the population.
But sadly common sense is a pipe dream in today’s world.
However, it is quite obviously untrue that education is the highest-paying sector for graduates, which calls the rest of the infographic into serious doubt.