Graduates face worst jobs market on record in UK
- Graduate job vacancies in the UK fell to 8,383 in July, a 45% decrease from the previous year and the lowest since 2016.
- Employers have reduced entry-level hiring due to higher employment costs such as increased National Insurance and minimum wage, making it expensive to train new workers.
- Artificial intelligence is replacing some traditional junior roles, adding pressure to the graduate job market.
- Youth unemployment for ages 16 to 24 is over 16%, with more than one million young people neither in employment, education, nor training.
4 Articles
4 Articles
Graduate jobs market slumps to new low
The UK’s ailing graduate jobs market has slumped to a record low as employment costs surge and firms turn to AI for entry-level roles. The number of graduate vacancies in Britain fell 45.6 per cent to 8,383 in the year to July, undercutting the previous low set in May, according to recruitment firm Adzuna. This marks the latest decline in a long deterioration for the UK’s graduate jobs market. In mid-2017, more than 55,000 graduate roles were u…
Young Britons face jobs nightmare as graduate roles plunge to record low
Young Britons face an increasingly bleak jobs market after the number of graduate roles advertised plunged to its lowest level on record.In July, just 8,383 positions for university leavers were advertised - a 45 per cent collapse compared with the same month last year.Data compiled by recruitment platform Adzuna shows the figure is the lowest since records began in 2016.The figures come as a record 262,820 18-year-olds secured university places…
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