Cuts in public spending could lead to a ‘brain drain’ out of northern England and the Midlands as graduate jobs are shed.
A Work Foundation reportCutting the Apron Strings? The Clustering of Young Graduates and the Role of the Public Sector has said that young graduates are disproportionately employed in the public sector in these regions.
Lack of opportunities outside London and south-east would lead to a flight there from other parts of the country of graduates seeking private sector opportunities, it said.
The report said Yorkshire and Humberside, the north-east and the East Midlands had seen increasing numbers of graduates staying in the area where they attended university.
“The evidence suggests this trend has been driven by increased public sector demand in the regions during the decade of public sector expansion from 1997,” it said.
Report author Jonathan Wright said, “High-skilled graduates are vital for urban innovation and growth.
“The flight of young graduates due to public sector job losses in the regions would disproportionately hinder economic recovery in the north and Midlands.”