Jobs market shrinks for new graduates, survey suggests

The number of jobs for new graduates has shrunk by 8% in a year, suggests a survey of more than 200 top employers.

This is a sharp reversal after four years of growth in graduate jobs, says the Association of Graduate Recruiters.

Some firms are “repackaging” graduate roles as higher apprenticeships but overall the labour market for young people is shrinking, says the AGR.

Brexit is the biggest serious challenge for recruiters, said AGR Chief Executive Stephen Isherwood.

The AGR, which represents blue chip companies and major public sector employers, carries out an annual survey of graduate job vacancies among its members.

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