A university degree is still the best guarantee to face the labor market, but it costs Murcians a little more than the national average to find their place. According to the latest study by the CyD Foundation on the relationship between university graduates and the Spanish job market, graduates in the Region have more difficulties finding a job, and 4% fewer do. According to the labor life records of the Social Security, 72.3% of the graduates in degrees in the 2013-2014 academic year were discharged four years after graduation (2018) in Spain. The percentage is lower in Murcia, where the rate is 69.6%, only ahead of Andalusia and Extremadura.
Only 43% of Murcian graduates have the security of a permanent contract, and their average contribution base is just over 25,600 euros. The two parameters are also below the national average.
Either due to the lack of other options or the entrepreneurial spirit, the rate of Murcians with university studies who are registered as self-employed is higher than the national one: 10%, compared to 8.9%.
By type of university, job placement indicators are better, without exception, “for those who graduate from private face-to-face universities compared to those of public face-to-face universities.” The average annual contribution base is almost 13% higher and the percentage of those who perform tasks typical of graduates is more than 16 points higher, the study reflects.
All in all, the activity rate of senior graduates between 25 and 64 years old was almost 90% in Spain in 2019, compared to 82.4% of those in post-compulsory non-tertiary studies and 72.2% of those in studies obligatory.
The study draws up a ‘podium’ of the universities with the best performance in the dimension of labor insertion, and highlights the studies of the Spanish campuses that best ‘place’ their students. Among them, there are only three degrees taught in the Region, two from the University of Murcia (UMU), Mathematics and Political Science; and a third from the Catholic University, Business Administration and Management (ADE).