Campus Review Volume 28 - Issue 1 | January 2018 | Page 6

news campusreview.com.au Grads ‘wasting’ skills The proportion of graduates reluctantly underemployed has increased markedly compared to 10 years ago, a government report shows. By Loren Smith “I graduated from Melbourne, participated in and won a few presentation competitions at uni and did an internship at a tech startup (the role was somewhat about research, marketing). I’m literally looking for anything right now but haven’t got anything for months … both part-time and full-time.” – ygorrilla123 O nline forums are littered with stories like the one above, which have proved to be more than simply anecdotal. Fewer graduates are working full-time than they were 10 years ago, a trend that has many concerned. The government’s 2017 Graduate Outcomes Survey National Report revealed that between 2008 and 2017, the proportion of graduates who were reluctantly underemployed increased by 10.8 percentage points to 19.7 per cent, around 10 per cent more than the workforce at large. Josh Healy says these figures generally “tell you that people are dissatisfied”. The senior research fellow at the University of Melbourne’s Centre for Workplace Leadership thinks the global financial crisis and its economic fallout is largely responsible for the continually depressed job market, which has hit relatively inexperienced graduates harder. “We haven’t recovered back to where we were before that crisis took grip,” he says. SKILLING DOWN “Worst case scenario for me would be to get menial work that you don’t need a degree to do, thus meaning you aren’t learning anything or gaining any transferable skills. Friends in this position say they feel what they have learnt at uni is going to waste, as they are essentially doing glorified data entry and the like.” – zucchini are especially vulnerable to. However, he also thinks it’s nothing new, and could even be positive. The “churn” that occurs in the early years of employment, due to graduates searching for better jobs, could also be viewed as a “matching process”, whereby graduates seek, and often find, employment they are happier with. “That is part of the story line that I’m not freaking out about,” Healy says. Universities Australia shares his opinion. According to acting chief executive Catriona Jackson, “the data shows that graduates, like everyone entering the labour market, need time to establish their careers”. THEY CAN GET SATISFACTION Despite high underemployment and low reported skills utilisation, most graduates are in fact happy with their lot. The report found that “overall satisfaction among undergraduates remained high in 2017 at 79.4 per cent”. Perhaps this is indicative of their awareness that, ultimately, university graduates enjoy greater fulfilment across multiple social, professional and health indices. As Healy puts it: “It remains the case that going to university is still a good bet, but it’s a somewhat riskier proposition now than it used to be.” POSTGRAD PAIN In regard to employment and satisfaction, those with postgraduate degrees scored higher than undergraduates. They rated their experiences roughly the same as undergraduates in terms of skill utilisation. Natasha Abrahams, president of the Council of Australian Postgraduate Associations National, says this indicates how “incredibly important” postgraduates are to employers, and thereby, the economy. Yet she tempers her response with a criticism of the level of financial support these students receive: “The current lack of consistent income support for Australian postgraduate students makes life harder for this cohort.” WHOSE PROBLEM IS IT ANYWAY? According to the report, 41.1 per cent of employed undergraduate degree holders said they didn’t fully utilise their degrees at work. Healy believes this is “a bit worrying”, and reflects the “bad mix” of the outcome of the demand-driven system (between 2001 and 2016, domestic undergraduate completions rose by 53 per cent), coupled with weakened employment demand, which graduates 4 Should universities be doing more to make graduates job-ready? Healy offers a qualified yes. “Across the whole sector, I think there’s plenty of work still to do,” he says. “There’s always work to do in listening to employers [but] I don’t want to see universities become … glorified vocational education training providers.”  ■