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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The University of Hertfordshire’s holistic approach to research-led innovation and entrepreneurship
In our latest ‘Innovators’ blog, Yanina Aubrey-Gimenez writes about how the University of Hertfordshire is providing dedicated (and multi-faceted) support to businesses and entrepreneurs. “Starting and scaling up innovation can…
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Explainer: international students at Alliance universities
This briefing examines the drivers behind growth in the number of international students studying at Alliance universities in recent years, and the decline we have seen in 2024.
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University Alliance responds to Sutton Trust’s report on reforming student maintenance
Today (21 March), The Sutton Trust released their latest report ‘Reforming Student Maintenance’. The report features modelling from London Economics and recommends: the reintroduction of maintenance grants; for wider eligibility…