Jobs and Skills Australia has published the graduate outcomes for domestic, non-school students, who completed a nationally recognised vocational education and training qualification in the 2019-20 year.
The report found:
- In the year following completion, vocational education and training graduates had a median income uplift of $11,800 and earned a median employee income of $48,500.
- 84% of VET graduates were employed after completing their VET qualification, representing a 15-percentage point increase from before enrolment. The cohorts with the largest median uplift in income following VET completion were:
- Apprentices and trainees (median income uplift of $25,800), and
- Graduate Diploma/Certificate completers (median income uplift of $23,700)
- Approximately 8% of all VET graduates pursued higher education after completion and 16% enrolled in a higher-level VET qualification than the one completed in 2019-20.
- The groups with the largest uplift in employment rates following VET completion were:
- those who were not employed in the year prior to enrolment (uplift of 62 percentage points),
- those aged under 20 (uplift of 37 percentage points), and
- those who had not completed year 12 or previously completed a Certificate III or higher qualification (uplift of 20 percentage points).
- Among VET graduates who received income support prior to study, 39% were no longer on income support two years after completion.
The full report can be accessed here: https://www.jobsandskills.gov.au/data/vet-national-data-asset/2019-20-outcomes
