UK graduates face the stiffest competition for jobs on record as they seek to enter a slowing labour market where the number of applications for each vacancy has been supercharged by the use of artificial intelligence.
Employers running graduate training schemes received an average of 140 applications for each job in 2024, 59 per cent more than in 2023, the Institute of Student Employers said on Thursday. It was the highest number recorded in an annual survey the organisation has run for more than three decades.
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