No surprise to read the High Fliers research which highlighted a drop in overall grad numbers hired in 2017. Whilst all sources indicate graduate hiring bouncing back in 2018, many of our conversations with employers focus on how can they use the Apprenticeship Levy - and many are re-badging graduate programmes or shifting investment into apprenticeship programmes. It'll be fascinating to see how this plays out over the next 12 months.
Shock results, as graduate recruitment at the UK’s top employers falls Brexit is being blamed for the first fall in graduate recruitment into Britain’s leading employers** for five years. What’s more, it’s revealed the biggest drop since 2009, with graduate recruitment being cut by 4.9% year-on-year (the results were all the more surprising as it had been expected to rise by 10% in 2017). Those areas that were most affected were the accounting & professional services firms, banking & finance companies, and the City’s investment banks. Across the private sector as a whole, recruitment fell by an average of 10.3% in 2017. Graduate recruitment in 2017 was substantially lower than had been expected at the beginning of the 2016-2017 recruitment season, with graduate vacancy targets downgraded. twice during the year, amidst widespread uncertainty about the impact of Brexit.