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Private sector grows while public counterpart shrinks

Published: Wednesday, 16 March 2011   Category: All Graduate job news

University-leavers looking for graduate opportunities may be better off looking for the positions in the private sector, according to new research.

The Office of National Statistics (ONS) has released a report looking into public sector employment in the fourth quarter of 2010 - and the outlook is better for the private part of the economy.

Employment in the private sector increased by 77,000 positions in the
fourth quarter of 2010, to 22.9 million people, while public sector employment decreased by 45,000 to 6.2 million.

In February, a report by the Work Foundation found that many parts of the country are experiencing a 'brain-drain' of graduates, who are moving to the south-east of England and London to secure the graduate roles.

The new research by the ONS emphasises this problem, with the biggest decreases in public sector works in Yorkshire and the Humber, the north-west and the south-west of England.

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