Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

The job market for entry-level workers in the UK hasn't been this tough in years

Graduate job vacancies in the UK plummeted 45.6% in July, according to Adzuna, as economic and AI factors reshape the job market.

Job postings for graduate positions in the UK have hit a ten-year low, according to job-matching platform Adzuna. Vacancies for entry-level roles fell 45.6% in July, the lowest since April 2016. This decline in graduate job openings is attributed to increased competition and challenges posed by AI and economic conditions. The UK job market is particularly tough for recent university graduates, with Adzuna's index showing an average of 8,383 live graduate vacancies in July, down significantly from previous months.

While the entry-level category experienced an 8.1% decline year-over-year, July's numbers represent a troubling trend rather than an isolated incident, as Andrew Hunter, Adzuna's co-founder, explained. Employers remain hesitant to hire at that level, citing a sluggish economy, higher costs, and uncertainty. Additionally, AI is reshaping the entry-level job landscape by taking on routine tasks that were previously assigned to junior employees.

Companies are adapting to these changes in various ways, such as extending internship programs to build critical thinking skills and expanding early-career engineering programs. Despite these challenges, there are some positive developments, with companies like IBM and LinkedIn investing in early-career engineering opportunities for graduates.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businessinsider.com →

More in Finance & Markets

More from Monday 24 August →