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Public sector cuts could see graduate opportunities move to the south

Published: Tuesday, 15 February 2011   Category: All Graduate job news

The incoming public sector cuts may cause graduate opportunities to move to the south-east of the United Kingdom, according to a work authority.

According to a new report by the Work Foundation, public sector cuts could reduce graduate retention in cities and regions out of the south east, causing a "brain drain".

In the report, Cutting the Apron Strings?: The Clustering of Young Graduates and the Role of the Public Sector, the Work Foundation, reports that graduates are integral to the increasingly important knowledge economy in the UK.

Jonathon Wright, the primary author of the report, said that if the government are to cut budgets for graduate-supporting plans, they must fill the gap which is left.

"With the scrapping of schemes such as the Future Jobs Fund, the coalition must now focus on developing strategies aimed at integrating the highly skilled into local private sector jobs," he said.

However, the predictions do not seem to have come true yet. This week, the Bank of Scotland announced that the Scottish economy is growing, meaning more graduate roles may be created.

Find graduate opportunities at gradplus.com

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