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FSB calls for more graduate internships
Tuesday, 11 August 2009
The government needs to increase its funding for helping this year's university leavers get into graduate jobs, the Federation of Small Businesses (FSB) has said.
The organisation has made calls for small enterprises to receive an investment of £3 million to help those graduates with no work prospects by creating up to 5,000 placements at local businesses.
Research by the body showed that more than 20 per cent of small firms would be willing to provide graduate employment in the current climate, although only 45 per cent are aware of the possibility of internships.
John Wright, national chairman for the FSB, said: "Small businesses are the sector to create and retain jobs and act as a bridge to formal employment. The government must invest in linking up small businesses and graduates now to prevent graduate unemployment spiralling any further."
Jenni Newberry, head of communities at employment consultancy Working Links, recently said that university leavers would increase their graduate job prospects with an internship.