A new report published by the nonprofit Campus Philly shows a nine percent increase in the number of students planning to stay in the Philadelphia area after graduating, writes Michelle Caffrey for Philadelphia Business Journal.

The ‘Ready to Launch’ report has found that 67 percent of students plan to remain after getting their degrees this year, compared to just 58 percent in 2010. This is welcome news for Philadelphia as it has been seeing a brain drain in recent years.

The hope is that after the official presentation of the report at Campus Philly’s annual meeting on June 1, it will encourage more efforts to keep grads in the area. However, according to Campus Philly President, Deborah Diamond, the biggest factor is the improving availability of jobs.

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This year, over half of the seniors surveyed said job opportunities in the area are better than elsewhere. In fact, 88 percent feel there are now some good potential job opportunities for them across the region.

“What we see here is there’s more optimism about getting a job,” said Diamond, “the more optimism about getting a job in Philadelphia there is, the more excitement there is about staying.”

Read more about the report at Philadelphia Business Journal by clicking here.

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