Graduate roles have dropped
Just read some insightful research from Indeed - and it's clear that this summer is going to be tough for new graduates 🎓. Graduate roles have dropped by a staggering 12% compared to last year, making it the weakest job market since 2018.
Here's the lowdown:
- Graduate jobs are down 33% in absolute terms - a significant decline from previous years.
- Scarce positions: Employers are holding tight onto their existing staff, limiting new hires.
- Overall job postings in the UK are down 21% since the pre-pandemic levels of 1 February 2020.
- RTO vs. Remote/Hybrid Work: While return-to-office calls are in the spotlight, 15% of job postings in the UK still mention remote or hybrid work options.
While it's a challenging landscape, there's a silver lining: potential redundancies have remained low, and the labour market is still relatively tight, supporting wage growth.
Graduates, it's crucial to stay resilient and leverage any chance to stand out. Network like crazy, fine-tune those CVs, and don't shy away from considering roles in dynamic sectors like tech, where opportunities still exist. 📈
For the full article on Personnel Today click here
Which sectors or strategies are you betting on to navigate this tricky job market? Share your thoughts below!
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