In Spain, having an ESO degree and completing mid-level Vocational Training increases the chances of finding employment by 20% for young people between 25 and 34 years old. In the case of higher-level VET graduates, eight out of ten (83%) work three or four years after graduation, so the relationship between training and access to the labor market is clear, according to a report from the National Institute of Educational Evaluation (INEE) of the Ministry of Education and Vocational Training.
“A high level of education is correlated with low levels of unemployment,” the report maintains. Which means that the probability of having a salary above the general average increases with the educational level achieved. Thus, people with higher qualifications in Spain earn 55% more than those who have only obtained a Baccalaureate degree or an intermediate level training cycle. In the OECD and the European Union, the differences are respectively 56% and 52%.
“However, we must take into account the studies completed. Job placement depends considerably on the area of study; Some university degrees allow access to high salaries and have almost non-existent unemployment rates, but in others the unemployment rate is even higher than average,” explains Jordi Hernández, an expert consultant in Human Resources. For example, as indicated in the report “Young university students and employability. Qualification, booming professions and job transition”, prepared by Randstad Research and CEU, not all degrees have the same effect on job placement and Computer Science degrees; Health and Social Services; Engineering, Industry and Construction, the occupancy rate is higher than in Arts and Humanities. However, the authors of the study point out, even the highest unemployment rate, that of the arts and humanities area (13.6%), is lower than the average unemployment rate (14.1%), which shows that Most university studies have a positive effect on employability, although this effect is very uneven depending on the area of knowledge and specifically the degree.
The majority of graduates, three out of four, work either exclusively in their own area of study (25.2%) or in their area or a related area (50.4%). However, one in four is employed in a position totally different from the studies they completed.
The study also analyzes the trajectory of graduates, and points out that six out of every ten university students work as a professional, scientific or intellectual technician – a category that groups together professions such as doctors, engineers, architects, physicists, chemists, economists or software analysts and designers. and multimedia – five years after finishing his studies.
Regarding the salary of university graduates, the Randstad Research and CEU report indicates that the majority (61.1%) are in the central range of between 1,000 and 2,000 euros per month, 15.6% earn less than 1,000 euros . Almost one in four (23.3%) earns more than 2,000 euros, and 5% more than 3,000. Regarding the estimated average salary, the variation between degrees is from 2,353 euros for Medicine to 1,131 euros for Conservation and Restoration.
Furthermore, Spain is among the OECD countries where there is a higher percentage of people who continue studying after graduating from a medium-level training cycle (49.8%), highlighting short cycles of tertiary education (36.4%). , mainly higher vocational training degrees, and other professional programs in the second stage of secondary education (12.7%).
