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No need to reduce graduate numbers, says Universities UK.

There is an undersupply of graduates in the labour market that will continue until at least 2022, according to a report published by Universities UK on 9 December.

According to the projections, demand for higher-qualified workers will largely outstrip demand for low to mid-level qualifications, which suggests no “need to reduce the numbers earning a bachelor’s degree or above”. Although the report notes that there is no single definition of a graduate job, it uses four common frameworks for identifying graduate or professional occupations and finds that for most there will be a “continued undersupply” relative to the number of jobs demanding those skills over the next seven years.

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