The provided line graph and table present data on the employment rates and average salaries of math graduates compared to all graduates in Australia from 2004 to 2012.
In general, math graduates maintained a higher annual salary compared to graduates from all fields, and both cohorts witnessed a rise in their average incomes between 2004 and 2012. Math graduates not only enjoyed superior employment rates but also saw more significant salary advancements in comparison to their counterparts.
According to the line graph, throughout the 8-year span, the percentage of math graduates securing full-time employment remained notably higher than that of the overall graduate population. In 2004, around 80% of math graduates were able to find immediate full-time work, compared to only 60% of all graduates. Both groups experienced an uptick of approximately 10 percentage points in the following 2-3 years, peaking at 90% and 80% respectively in the mid-to-late 2000s. However, this upward trajectory was followed by a decline, with the figures returning to their original 2004 levels by 2012.
Meanwhile, in terms of average yearly earnings, in 2004, both all graduates and math graduates had an average annual salary of about $41,000, followed by a rise to $43,000 in 2006. Subsequently, over the following six years, salaries rose for both groups, with math graduates experiencing a more considerable rise compared to all graduates. By 2012, math graduates had reached an annual salary of $56,000, while general graduates were earning roughly $51,000 per year.