Which medical school graduates most have the highest unemployment rates?
Mechanical engineering is often referred to as a ‘science’ because it is considered to be a career for which students need to spend years studying.
However, a new study by the US company Mechanical Engineering and Automation (MEA) has found that only 23% of students from the US medical school graduating from medical school in 2020 have jobs in the field, as compared to 50% of graduates in the UK.
In 2020, the average number of students graduating from the medical school was 16, while the average student was aged 25.MEA found that graduates of the US Medical School in 2020 had the highest percentage of jobs in manufacturing (44%), followed by medical technology (23%) and software engineering (16%).
These figures are similar to those of graduates from the UK, where graduates of medical school had the lowest percentage of manufacturing jobs at 10%.
The report also found that the average salary of students in the US is only $53,000 a year compared to $85,000 for graduates from UK medical schools, and that the salary for medical graduates in Germany is slightly lower than in the USA.MEAA also found an average graduate of medical schools in the United States earns an average of $52,000 annually, which is less than what they make in Germany, the United Kingdom and France.
The average salary for graduates of UK medical school is also less than the UK’s, with the average US graduate earning $62,000, which was just above the UK average of £57,000.MEAs findings also showed that graduates from US medical schools had the most student loan debt compared to those from UK and French medical schools.
Students in US medical programs also have the least savings compared to graduates of British medical schools and French ones.MEACoaching the Future: How Medical Schools Are Changing to Support Healthcare in the 21st Century article