Could you say that for all engineering graduates at the majority of universities (even the bottom 50%)? I know plenty of people who had internships and were effectively employed a year before graduating, but I can't say the majority of people are in that position.

If education is just 2k euros rather than the 15k (public) or 60k (private) in the US, I agree it's much less of an issue for sure because much less is at stake.