Abstract

Writing about employment of graduates means describing the patterns of transition from higher education to work. These transitions depend on labour market conditions, the economic situation and company employment practices, as well as on how the higher education system works and its relations with the world of work. The subject also has to do with the state, its employment policy and other means of employment regulation (taxation policy, hiring and firing regulations, social costs of labour, etc.). Patterns of employment can alter because of changes within the economic system (producing changes in the structure and scope of labour demand) or changes within the education system (leading to changes in the structure of labour supply), or because of shifts in their relationship (decreasing or increasing discrepancies between demand and supply). The graduate labour market is a segment of the general labour market marked by the characteristics of the graduate labour force (young, high level of education, little or no work experience, etc.). For understanding the position of graduates on the labour market it is essential to have some knowledge of the economic situation and company employment practices, as well as of how the higher education system functions.

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