Our new report, ‘The way we’ll work: labour market trends and preparing for the hourglass,’ which highlights that the shortage of graduates threatens the future growth of the UK economy. Contrary to popular belief, indicators suggest that there is a shortage of graduates in the UK, not too many. Technology is changing the way we work and the structure of the labour market which is resulting in an increased demand for graduate attributes. In light of these projections, the decision to cut around 25,000 university places for next year could seriously hold back our capacity for economic growth. The report draws on the large body of evidence on the shape of labour markets in developed economies. It demonstrates that if the UK is to remain globally competitive we need a greater proportion of graduates in our workforce. We also need to create genuine progression opportunities to drive social mobility and equip the population for the demands of an hourglass-shaped labour market. You can read more about the impact on changes to the labour market in a blog by Libby Hackett, Director of University Alliance. Read the report Follow the debate on Twitter @UniAlliance | #needmoregrads
Further reading
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Alliance Awards 2024 – shortlisted nominees announced
University Alliance and our partner TechnologyOne are delighted to announce the shortlists for our fifth annual Alliance Awards. Each of the thirty-two shortlisted nominees has made a significant contribution to their university…
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How are the Alliance Awards shortlists and winners selected?
Every year we get around 150 nominations for UA’s Alliance Awards, which are delivered in partnership with TechnologyOne – an average of 20 nominations for each of the seven award…
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UA joins call for closer departmental alignment between health and education
Along with the Council of Deans of Health and Million Plus, University Alliance has written to the next government, urging them to establish ‘closer departmental join-up’ to deliver the NHS…