The study was designed to calculate the waiting time for employment for graduates in KP with respect to their level of education and specialization in the field. Contribution of demographic, socioeconomic status, language proficiency, job preferences, job search methods and nepotisms was also measured regarding thewaiting time for employment. Responses of 791 respondents collected through multi-stage non-probability sampling were analyzed with the help of the wellknown Kaplan Meier and Cox regression models and Cox proportional hazard models. The study concluded that a graduate waited for 15 months to be employed during the period 2003-2014. Age, language proficiency, level of education, specialization, language proficiency, nepotism and socio economic factors have significant influence on waiting time for employment. The study recommends the development of integrated frame work for information about trends of unemployment, career counseling and elimination of unemployment at national level.