Student skills and employment opportunities for diplomates of Nedlands College of Advanced Education, Western Australia, are surveyed. For diplomates in the fields of teaching, library media, and recreation, an oversupply exists in the labor market. It is suggested that this oversupply will continue for at least two years in the case of library and recreation diplomates, and for longer periods in the case of secondary teachers. A range of feasible alternative occupations and employment opportunities in these fields is examined. Some of the alternative job markets are also projected to have a labor oversupply. Two studies of employers' opinions of the merits of personnel trained at universities versus tertiary colleges indicate that it was commonly believed that technical and college graduates were more practical and of more immediate use to employers. Employers state that they desired more communication between the education system and business. A case study of the numerical strength and career performance of graduates in the Australian Public Service is also presented. Although the total number of diplomates in the second and third divisions has fallen in recent years, there has been an increase in diplomate recruitment. There appear to be openings for graduates in the specialist stream (as education officers) and in the general administrative stream. Diplomates have better career prospects than school leavers who join the Australian Public Service, but do not appear to be promoted as quickly as graduates. (SW)