The report finds that skills shortages across many industries appear to have helped job prospects, with increases in those entering professional jobs across all degree subjects.
Main findings from the latest What do graduates do? report include:
Graduate unemployment rate fell to 5.1%
Salaries increase 2.9%
7,895 more graduates in professional roles
Alistair Jarvis, Chief Executive of Universities UK, said the Prospects data provides more evidence of the high demand for graduates:
"The Prospects data shows that employer demand for graduates is growing. We know that employers value the broad skills graduates develop at university across a wide range of subjects and levels. Educating more people of all ages at university would grow our economy faster – addressing skills shortages and increasing productivity, competitiveness, and innovation.
"Going to university is also a good investment for students. Graduate salaries are, on average, almost £10,000 a year higher than for non-graduates, and graduates are significantly more likely to be in employment. Universities also provide graduates with skills that will be valuable throughout their lives. The ability to think critically and to analyse and present evidence are skills that enrich graduates' lives, and last for life."