Credit: Savoy Stewart

In a study commissioned by London-based commercial property estate agent Savoy Stewart, Luxembourg emerged as one of the European countries with the highest graduate employment rates.

Through an analysis of recent Eurostat data, Savoy Stewart compiled a list of countries in Europe with the highest and lowest employment rates for recent graduates (i.e. individuals having attained at least secondary education and who have completed this educational attainment within one to three years prior to the study). The potential effect of the COVID-19 pandemic on these numbers remains to be seen.

The study revealed that Malta had the highest graduate employment rate across Europe, with 93.4% of recent graduates in employment. In second place was Germany with a graduate employment rate of 92.7%. Clinching third and fourth were the Netherlands with 91.9% and Iceland with 91.5%.

With 89.4%, Luxembourg made it to the top ten countries with the highest graduate employment rates. The Grand Duchy was just below Norway, which had a rate of 90.5%, and ahead of Austria (89%), Sweden (88.7%), Switzerland (87.9%) and Czechia (87.3%).

At the other end of the spectrum, the European country with the lowest employment rates for graduates was North Macedonia (57.2%), followed closely by Turkey (57.8%), Italy (58.7%) and Greece (59.4%).

35 countries were included in this study; where a country’s data was not available, it was removed from the study.