Page 16 - IDEA Study 10 2015 Skills Mismatches

Figure 4. Youth unemployment rates for secondary educated by field of education Note: The table reports the youth unemployment rates (for individuals aged 25-34) of secondary educated individuals by their field of education. Fields of study, which account for less than 1% of secondary educated individuals, are not reported here. The numbers are averages over the period of 2003 to 2014 (for which the information about field of education is reported in the data). Source: Czech Labor Force Survey data (2003-2014), own calculation Unemployment rates of tertiary graduates are steadily low for all main fields of study, but even here we can identify some differences by field of study. The largest unemployment rates are among graduates of language studies (5.5%), philosophy (4.7%), tourism (4.2%), but also and biology, physics, and geology (4%), agriculture (3.9%), or math and statistics (3.7%). The best fields of tertiary education in terms of unemployment risk are pharmacy, library studies, security services, and marketing, but these fields constitute only a minor share of graduates. Nevertheless, the three largest fields of study – pedagogy, economics and medicine – also have relatively low unemployment rates (between 2 and 3.6%). 12 05 10 15 unemployment rate Medicine Motor vehicles engineering Electrotechnics and energetics Economics Electronics and automatization Engineering and metallurgy Pedagogy Transportation Architecture and construction Wood, plastic and glass manufacturing Banking, insurance, accountancy Art Secretarial and office work Agriculture, forestry and fishing Services for households and individuals Food production Hospitality and restaurant services Wholesale and retail Textiles production