Time to come home

The 100 largest employers in the UK have 4.6% more jobs for graduates than in 2012. This is vital for the transition from College/Sixth Form to University as it gives graduates a foothold in what is a difficult time for young people to get jobs. But these jobs will not only benefit the graduates but also the UK economy in general.
With more graduates become active workers our economy's productive capacity can only increase. Graduates are more skilled due to their longer time in education therefore enabling them to perform more complex and higher paid jobs but also to improve productivity. As a result helping to improve the British Economy. In addition to this, more jobs would lead to higher incomes for graduates therefore increasing their disposable income. With an increased disposable income, consumer spending would increase boosting aggregate demand (AD) leading to economic growth for the UK. So its all good but nothing is perfect in economics, there is always the other side of the argument.
The research that showed this increase in Graduate vacancies also showed that despite an increase in available jobs for graduates there was still a ratio of 46 applicants for each job. So despite having the jobs available the supply is heavily outweighed by the demand but what does this have to do with globalisation?

One of the drawbacks of globalisation is that jobs are lost in developed economies in order for MNCs to reduce production costs by moving their production to developing economies. With economies like China beginning to stand on their own feet in world trade is it time for British MNCs to start coming home? Apple is a good example of this. Apple moved their production back to America in order to create jobs for the American people. As a result they have had to increase production costs but they have gained good publicity for contributing to the American economy and people.