Edwin Koc, ext. 164
Mimi Collins, ext. 119, 610.868.1421
November 7, 2019
College Class of 2018 Fared Well in Job Market
BETHLEHEM, PA—Nearly 60 percent of Class of 2018 bachelor’s degree graduates had landed a full-time job within six months of graduation, according to a new report from the National Association of Colleges and Employers (NACE).
NACE’s First Destinations for the Class of 2018 shows that 58.7 percent of graduates were employed within six months of graduation—up from 57.8 percent of the Class of 2017. (See Figure 1.)
Although the increase does not seem especially significant, it is coupled with a 3.0 percent increase in median starting salary—translating into a sizable overall improvement for Class of 2018 bachelor’s degree graduates.
Other highlights from the report include:
Figure 1: First-destination outcomes, Classes of 2018 and 2017
About the First-Destination Survey: The survey on which First Destinations for the Class of 2018 is based covered students graduating from colleges and universities from July 1, 2017 – June 30, 2018. The survey was conducted from July 1 – December 30, 2017, and data were reported to NACE through April 2018.
First Destinations for the Class of 2018, the fifth iteration of the annual first-destination survey conducted by NACE, examines how Class of 2018 graduates—from the associate through the doctoral level—fared initially in their professional life. The report provides a baseline for assessing where graduates at the undergraduate and graduate levels land within six months, on average, after receiving their degree.
In total, the graduating classes of these reporting institutions represent more than 693,000 graduates—529,000 at the bachelor’s degree level, 131,000 at the master’s level, 20,000 earning a doctoral degree, and 13,000 at the associate level.
This translates to results for:
To NACE’s knowledge, this represents the most comprehensive view of graduate outcomes currently available.
The full survey report for the Class of 2018, featuring data for associate, bachelor’s, master’s and doctoral level degrees, is available on the NACE website. Data for bachelor’s and master’s degree graduates are also provided by region, control structure (public/private), and academic discipline. Results for bachelor’s degree graduates are also broken down by size of school and Carnegie Classification.
About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org. NACE maintains a virtual press room for the media.