The line graph illustrates the share of full-time employers holding a university degree in Australia – all graduates, and mathematician graduates – from 2004 to 2012, at two year intervals. While accompanying table compares the average salary of these graduates in the same time frame.
Overall its evident that, both type of graduates have experienced a peak before returning to their starting point. In addition, despite having similar wages in early years, maths graduates earned relatively higher salary over the period given.
Starting with line graph, where all graduates accounted for 80% in 2004 compared with around 65% maths graduates. By 2006, maths graduates have increased overtaking other graduates reaching a peak of about 87%, while other group rose slightly to just 82%. From that point onward, two group started to converge until meeting in the mid of the period, each making up roughly 85%, representing the highest employment rate for all graduates. Following next four years, both groups decreased obeying different rates, maths graduates declined further to above 60%, whereas all graduates dropped back its initial point, consolidating its leading positing at 80%.
Regarding to table, both math and other graduates earned similar salaries of 41,00$ in 2004 and 43,500$ in 2006. In 2006, both figures rose noticeable, maths graduates earned 51,500, which was relatively higher than 48,000$ for others. Despite having decrease to 48,500$ in 2010 math graduates recovered back to 59,000$ in the end of the period, representing the highest increase about 10,000$. In contrast, other graduates salary climbed modestly, before reaching 53,000$ in the final year.