The graphs provide a comparison between the employment outcomes and average salaries of Math graduates and all graduates in Australia from 2004 to 2012.
Overall, it is evident that both the percentage of full-time employment and average salaries for Math graduates are consistently higher than those for all graduates throughout the given period, despite a general declining trend in employment for both groups.
In terms of employment, Math graduates began with an 80% full-time employment rate in 2004, which decreased steadily to 60% by 2012. This downward trend was mirrored amongst all graduates, who started at 85% in 2004, remaining stable until 2006, before experiencing a reduction to 65% by 2012. Notably, both categories reached their lowest employment rates in the same year, 2012, indicating a substantial decline in job acquisition among university graduates during this timeframe.
Regarding average salaries, Math graduates exhibited a progressive increase, starting at $41,000 in 2004 and culminating at $60,000 in 2012. In contrast, the salaries of all graduates showed a more modest rise, moving from $41,000 in 2004 to $51,000 in 2012. The gap in average salaries widened significantly, with Math graduates consistently earning more than their peers in other disciplines throughout the years observed, particularly marked by an increase of $10,000 from 2010 to 2012, amplifying the contrast in earnings.