Prior to the outcome of the EU referendum, a Path Motion Survey suggested that 49% of top graduate employers expected to reduce their intake if the UK voted to leave. Following the Brexit vote, what’s next for graduate recruitment?
The graduate recruitment market, like the majority of UK hiring, is facing a ‘wait and see’ period as a clear Brexit strategy has yet to be formulated. A recent survey from the Higher Education Statistics Agency (HESA) suggests that graduate employment is at a record high. Although published on 30th June, these figures relate to 2014/15 so the impact of Brexit on current employment levels will take time to filter through.
In the meantime, the Path Motion Survey suggested that sectors at risk of reduced graduate recruitment included finance, retail and some technology companies. Sectors such as education and engineering were expected to be unaffected.