Brexit uncertainty - Number of new graduate jobs falls for first time since financial crisis

Omkar Godbole FXStreet Contributor

The number of new graduate jobs fell for first time since the financial crisis as leading recruiters downgrade hiring plans due Brexit uncertainty says a survey of the UK’s leading 100 graduate recruiters.

The survey showed that private sector employers cut their recruitment by an average of 10% in 2016-17 compared with the previous year.

Comments from Martin Birchall, the managing director of High Fliers Research, which conducted the survey are crossing the wires via The Guardian -

Its clear from our latest research that the uncertainty caused by Brexit has already hit the graduate job market,
Although employers in a number of key industries and business sectors are hoping to increase their graduate recruitment again in 2018, the outlook of many recruiters remains cautious for the year ahead
UK's accounting and professional service firms, financial services companies and investment banks scaled back their recruitment targets by 17% following the Brexit vote.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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