Graduate and entry-level jobs to stagnate in 2020

The entry-level jobs market is facing a stagnant 2020, with only public sector and charity employers planning to substantially increase vacancies this year.

This is according to the Institute of Student Employers’ (ISE) Pulse Survey 2020, released this morning, which found that employers have substantially slowed down their graduate recruitment this year, which has the worst growth rate since 2016.

Employers plan to increase their graduate vacancies by just 3% this year, which is in stark contrast to this time last year when employers were predicting 18% growth in graduate numbers or with ISE’s end of year survey when employers reported a 10% increase.

The 14% increase in graduate vacancies in the charity and public sector, however, is preventing the graduate labour market from shrinking, which is in line with recent government announcements to increase police numbers and spend in the NHS.

Similarly, employers reported they are increasing vacancies onto apprenticeships and school leaver programmes by just 2%, markedly down on last year’s report of a 7% predicted increase.

The legal sector is showing a substantial decline (14%) in the number of non-graduate entry-level hires. However, there are substantial increases in construction (11%), as well as the digital and IT sector (25%).

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is [email protected]

Atom bank begins recruitment drive

Durham-based digital banking company Atom bank has launched a recruitment drive as it prepares to expand its range of products.

23 July 2020

Recruitment bright spots amid jobs carnage

After Marks & Spencer’s announcement yesterday that it plans to shed 900 jobs – just the latest in a litany of bad news on the jobs front – recruiters could be excused for feeling a bit gloomy.

21 July 2020

Chancellor hand-outs to stimulate jobs and economy

Vouchers for meals out, a 15% VAT cut on hospitality and tourism offerings, and a £1k bonus to employers who bring back furloughed employees were among the initiatives revealed today by Chancellor Rishi Sunak.

Legislation 8 July 2020

NEW TO THE MARKET: 6-10 JULY 2020

This week’s new launches include: greenbean, NRG, Zenjob

New to Market 8 July 2020
Top