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A Degree Is Still Valuable but It Is No Longer the Whole Employability Strategy

What current UK and Ghana evidence means for graduates entering a changing labour market.

By Dr Douglas Adjepong  |  Founder, Graduate Turns Professional Academy

87%

UK graduates in work or further study

140

Applications per graduate vacancy among major UK employers

22.5%

Ghana unemployment rate for ages 15 to 35 in 2024

 

The evidence behind the headline

A degree still improves employment prospects, but it is no longer a complete employability strategy. The latest UK Graduate Outcomes results show that 87% of the 2023/24 cohort were in work or further study around 15 months after leaving higher education. However, only 57% were in full-time work and 7% were unemployed.

Competition has also intensified. Major UK employers reported an average of 140 applications for each graduate vacancy. Artificial intelligence can accelerate applications, but employers still need authentic evidence of judgement, communication and problem-solving.

In Ghana, the transition is harder. Ghana Statistical Service data placed unemployment at 22.5% among people aged 15 to 35 in 2024, rising to 32% among those aged 15 to 24. These are youth figures rather than graduate-only rates, but they show the difficult environment facing new entrants.

The conclusion

Universities must connect academic learning to real projects, employer feedback and career preparation. Graduates must show what they can do, not only what they have studied.

 

What graduates should do now

  • Choose direction: Target two or three related role families rather than applying for everything.
  • Build evidence: Complete one practical project that demonstrates a useful workplace capability.
  • Develop AI judgement: Use AI responsibly, verify every output and remain able to explain your work.
  • Create career relationships: Speak with lecturers, alumni, employers and practitioners before you need a referral.
  • Tailor every application: Match genuine evidence to the requirements of the role.

This week’s challenge

Analyse ten vacancies in your chosen field. Record the five capabilities that appear most often, then identify one example that proves each capability.

 

Final perspective: The right response to a difficult labour market is not panic. It is preparation, evidence and the confidence to communicate your value clearly.

Sources: HESA Graduate Outcomes 2023/24; Department for Education graduate labour-market statistics; Institute of Student Employers recruitment evidence; Ghana Statistical Service labour data; University of Ghana ISSER.