There have been rumours circulating in the news over the past 12 months about the declining number of graduate roles that will be available in the UK over the next few years. And it seems that those fears have not been unfounded. Research carried out by High Fliers, the student research specialist, has shown that the UK’s biggest graduate recruiters – including Goldman Sachs, Unilever and BP – hired almost 1,000 less graduates in 2016 than they originally anticipated at the start of that year. Many are speculating that this is the result of ongoing and widespread uncertainty about how Brexit will affect businesses in the years ahead. The largest drop was seen in the accounting and professional services companies, banking and finance and investment banking. This trend was also reflected in the private sector, with statistics reporting that graduate recruitment for those business fell 10.3 per cent in 2017.
However, there is some good news! The figures compiled by High Fliers suggest that the top 100 employers are optimistic about the next few years, with many stating that they expect graduate recruitment to recover to some extent, if not entirely. This promises to be an area of keen interest for many employer, particularly those who have historically relied heavily on graduate recruitment.