Big graduate employers in the UK are cutting hiring for a second consecutive year because of cost pressures and worries over the economic outlook, according to a new survey.
Employers reduced hiring by 8 per cent in the last academic year, the Institute of Student Employers said on Wednesday, underlining the challenges facing young people seeking to enter the jobs market.
It is forecasting a further 7 per cent drop in graduate hiring in the current academic year, although it said this figure was pulled down by responses from three large employers.
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