At the same time, in Europe, a level below 60% is a sign of the ineffectiveness of the education system and an obstacle to economic development.
The employment rate of graduates of Ukrainian higher education institutions is at equal to 59%, which indicates the imbalance of the education system and the labor market. At the same time, these indicators are completely different in the world. For example, in Great Britain, the education regulator can ban the activities of universities that have an employment rate of graduates of less than 60%. This is stated in the article by Oleksandr Kostyuk, Director of the International Scientific Center for Corporate Governance, for ZN.UA “How to retain talented youth in Ukraine: a reliable method“.
The expert notes that such an employment rate is a sign of the long-term imbalance of the higher education system and the country's labor market. And during the recovery, this will have to be somehow explained to investors.
Especially in Europe, the employment rate of graduates from 2014 to 2021 increased from 79.5% to 84.9%. During the pandemic, the rate dropped, but in 2022 it leveled off at the level of 85%.
At the same time, twelve European countries have a graduate employment rate that exceeds 90%. These are the Netherlands, Malta, Germany, Estonia, Lithuania, Hungary, Slovenia, Sweden, Finland, Austria, Ireland, and Latvia. x suffered from unemployment and the outflow of talented youth to other countries of the world,” the expert points out.
Even in China, where the number of higher education graduates has increased tenfold over the past 10 years, the employment rate in 2020 was 91%. Indeed, during the years of the pandemic, the employment rate fell slightly below 85%, which in China is considered a stagnation of the country's higher education system and an obstacle to economic development. institutions of higher education of the country. According to it, if a university has a graduate employment rate of less than 60% within 15 months after graduation, the regulator will open an investigation into that university. In addition to the possible ban on teaching students, if there is no good reason to explain such a low employment rate.
“This figure of 59% in Ukraine was made public three weeks before the beginning of the February invasion of Russia. This is the result of the first national electronic monitoring in our history, which was conducted by the Ministry of Education and Culture in 2021. We don't even have anything to compare these data with, because there is no dynamics,” – states Kostyuk sadly.
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Read more articles by Oleksandr Kostyuk at the link.
