BC universities release data on graduate outcomes

October 27, 2014

The Research Universities’ Council of British Columbia (RUCBC) has released a new report, Putting Degrees to Work, which assesses the employment status of university graduates 5 years after graduation. The report is based on a survey of the class of 2008, and reveals that even though these graduates faced a tough post-recession job market, in 2013 graduates had an unemployment rate of 4.7%, compared to the overall provincial unemployment rate of 6.6% and the provincial youth unemployment rate of 12.9%. Graduates were earning an average annual income of $60,000. The report serves to highlight the benefits of a university education in the face of BC’s recent emphasis on skills training and resource sector-related jobs. “The success university graduates are having also shows that to keep BC’s economy growing, we need to graduate students at every level in post-secondary education, in science, in business, in the trades and in the humanities,” said Thompson Rivers University President Alan Shaver. “To keep growing and generating new jobs, BC’s economy needs more people with post-secondary credentials.” UVic News Release | Vancouver Sun | Full Report