Employment opportunities drop for graduates

(2 minutes to read)

Broadbean Technology: ‘It is concerning to see that graduate and early careers recruitment is faring considerably worse than other areas of the employment market’.

New graduates and trainees have been particularly hit hard by the pandemic with these types of vacancies dropping by 66% compared to 2019.

The Broadbean Technology report also revealed that these figures were down 34% when compared to the start of the pandemic. So, while the employment market is experiencing significant recovery, the same cannot be said for graduates and those starting their careers.

Other findings show that the number of applications per graduate vacancy is up 46% compared to pre-pandemic levels.

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As Alex Fourlis, Managing Director at Broadbean Technology, explained further, “It is concerning to see that graduate and early careers recruitment is faring considerably worse than other areas of the employment market.

“The fact that vacancy levels today are considerably lower than during the pandemic suggests that while employers are investing in experienced talent at a time when many sectors are contending with skills shortages, there is a real threat that this dearth of talent will be exacerbated in the coming months and years if graduate and early careers recruitment isn’t prioritised by companies.”

To find out more about contracting please contact Sophie on 01206 591 000 or email sophie.lewis@contractoumbrella.com.

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