According to Indeed's Mid-Year Labour Market update, graduate roles in the UK are at their weakest level since at least 2018, down 12% as a share of all jobs. With a total decline of 33% in absolute terms, graduate positions are even lower than during the pandemic's social distancing period. Simultaneously, UK's overall job postings have decreased by 5% from Q1 and remain 21% below pre-pandemic levels. Although unemployment has increased, the volume of redundancies has not shown a significant uptick, indicating a controlled labour market response amid rising employment costs.
Graduate roles in the UK are at a record low, down 12% as a share of all jobs compared to last year, reflecting ongoing labour market challenges.
The number of UK job postings is currently 21% below pre-pandemic levels, with many employers focusing on retaining existing staff rather than hiring new employees.
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