Do Degrees Still Guarantee Jobs?

Graduate outcomes worldwide — evidence from World Bank indicators

Surya Prakash Baskar (s4134512)

Question & Audience

  • Question: Do university degrees still guarantee jobs for the young people?
  • Audience: Students, careers advisers, and policymakers.
  • Approach: Comparing tertiary enrollment (% gross) with youth unemployment (15–24) using open World Bank data.

Data

  • World Bank (WDI):
    • Tertiary enrolment (% gross): SE.TER.ENRR
    • Youth unemployment (male 15–24): SL.UEM.1524.MA.NE.ZS (swap to total SL.UEM.1524.ZS if preferred)
  • Coverage: 1995–latest available.

Load & Prepare Data

path_edu <- "data/API_SE.TER.ENRR_DS2_en_excel_v2_129805.xls"
path_emp <- "data/API_SL.UEM.1524.MA.NE.ZS_DS2_en_excel_v2_2482.xls"

tidy_wb <- function(path){
  read_excel(path, sheet = 1, skip = 3) |>
    pivot_longer(cols = tidyselect::matches("^[0-9]{4}$"),
                 names_to = "year", values_to = "value") |>
    mutate(year = as.integer(year)) |>
    rename(country = `Country Name`, code = `Country Code`, indicator = `Indicator Name`) |>
    select(country, code, indicator, year, value)
}

edu <- tidy_wb(path_edu)
emp <- tidy_wb(path_emp)

merged <- full_join(edu, emp, by = c("code","year","country"),
                    suffix = c("_edu","_emp")) |>
  rename(edu_value = value_edu, emp_value = value_emp) |>
  mutate(region = countrycode(code, "iso3c", "region")) |>
  filter(!is.na(edu_value) & !is.na(emp_value), year >= 1995)

dir.create("outputs", showWarnings = FALSE)
write_csv(merged, "outputs/wb_edu_unemp_tidy.csv")

global_trend <- merged |>
  group_by(year) |>
  summarise(med_edu = median(edu_value, na.rm = TRUE),
            med_emp = median(emp_value, na.rm = TRUE), .groups = "drop")

year_counts <- merged |>
  group_by(year) |>
  summarise(n = n_distinct(code[!is.na(edu_value) & !is.na(emp_value)]), .groups = "drop") |>
  arrange(desc(year))

latest_good_year <- year_counts$year[which.max(ifelse(year_counts$n >= 80, year_counts$year, -Inf))]
if (is.infinite(latest_good_year) || is.na(latest_good_year)) latest_good_year <- max(merged$year, na.rm = TRUE)

latest <- filter(merged, year == latest_good_year)

Global Medians (1995–2024)

From this graph, university enrollment has been increasing steadily especially since the early 2000s.But the youth unemployment is not same as that progress. Even as more people study, the job market hasn’t expanded at the same pace.

This tells us that simply increasing access to education isn’t enough. The real challenge is making sure that what students learn actually matches the skills that industries and employers need.

Scatter Plot (Education vs Youth Unemployment)

Regional Insights from the Map

  • When we look at this map, we can see clear regional patterns. Countries across Africa and Southern Europe show very high youth unemployment, and countries like India also have a large number of educated young people struggling to find stable jobs.
  • This happens even though India’s tertiary education enrollment has been rising rapidly, with millions of students graduating every year. However, the job market hasn’t expanded at the same pace, and many industries still prefer experienced or specialized workers.
  • This pattern tells us that the problem is not only about access to education — it’s also about the quality of education, employability skills, and the capacity of the economy to absorb new graduates.

World Map (Regional Youth Unemployment)

This map makes the global situation easy to see. Regions like Africa and Southern Europe are with very high youth unemployment, while areas such as North America and East Asia seem to be doing much better. The difference is likely because of how these economies are structured ,stronger economies tend to offer more stable job options, while others face slower growth or a mismatch between graduate skills and available jobs.

Live Filter (Latest Year): Choose Regions

Use the drop down to focus on one or more regions and compare positions.
East Asia often shows smoother school‑to‑work transitions; Southern Europe and parts of Africa tend to stay higher at similar education levels.

Discussion

  • Looking at all these visuals together, we can see a clear message: around the world, access to higher education has expanded dramatically, but this progress hasn’t guaranteed better employment for young graduates.
  • In countries like India, Spain, and South Africa, many students complete their degrees only to find limited job openings or entry-level positions that don’t match their qualifications.
  • Meanwhile, regions with stronger industry–education links — such as East Asia and Northern Europe — show that when universities and employers collaborate effectively, graduates have smoother transitions into the workforce.
  • Overall, while education access has improved, bridging the gap between degrees and employability remains a major policy challenge.

References

- World Bank. (2025). World Development Indicators [Data set]. Indicators: SE.TER.ENRR; SL.UEM.1524.* — https://data.worldbank.org/
- R Core Team. (2025). R: A language and environment for statistical computing [Computer software]. R Foundation for Statistical Computing. https://www.R-project.org/
- Wickham, H., Chang, W., Henry, L., Pedersen, T. L., Takahashi, K., Wilke, C., & Woo, K. (2024). ggplot2: Create elegant data visualisations using the grammar of graphics [R package]. https://ggplot2.tidyverse.org/
- Sievert, C. (2020). Interactive web-based data visualization with R, plotly, and shiny. CRC Press. https://plotly-r.com/