Employment, Satisfaction and the Brain Drain for Southern Italy’s Graduates - This article aims to describe the brain drain from Southern Italy (the so-called Mezzogiorno) to Northern Italy and to analyze its causes and consequences. To this end, we have processed the individual data of the Istat survey on the professional placement of the graduates of 2001 three years later. The empirical evidence suggests that the graduate labour force of the Southern regions goes where the demand is, and finds jobs that fall short of the qualifications obtained. While labour mobility increases job opportunities, it does not 26. Solo l’11% della popolazione meridionale di età compresa tra i 25 e i 64 anni ha conseguito
una laurea, a fronte del 19% nel Centro-Nord. guarantee greater "satisfaction" in terms of economic conditions and career possibilities to southern graduates, and seems more the result of necessity than a free choice.