The graduate jobs didn't disappear. They moved. Nobody told the graduates.
- Dereck Maruma

- Aug 4
- 6 min read
"UK graduate job openings fall to lowest level since pandemic."
Every response I've seen to that headline lands in the same place. The social contract is broken. Do the degree, take on the debt, get the job. That deal doesn't hold anymore.
And honestly, I get why people are there.
Graduate postings are down around 7% year on year and sitting at their weakest mid-year level since 2020. Overall UK postings are down 11% since January and still 32% below where they were in February 2020, while the euro area and the US have both climbed back above their pre-pandemic baseline. Over a million 16 to 24 year olds are not in education, employment or training. If you're 22 and fifty grand down on a promise nobody's honouring, "broken contract" is a fair read of the situation.
But I think we're diagnosing the wrong break.
Which industries are still hiring graduates in 2026
Buried in the same Indeed data is a detail that didn't make the headlines. A handful of categories bucked the trend entirely. Hiring demand actually grew in parts of technology, engineering and healthcare. Those are also the three areas where posted wage growth is still running hot, because the skills are genuinely hard to find.
Look at the monthly updates through this year and the same names keep appearing. Industrial engineering. IT systems and solutions. Mechanical engineering. Anything cyber, because threats and regulation don't pause for a downturn. Healthcare and care roles, where the workforce gap is structural rather than cyclical. Logistics and infrastructure, propped up by projects that have to get built regardless of what the economy is doing.
So the jobs didn't disappear. They moved.
The contract was never really "get a degree, get a job." It was "get a degree, get a graduate scheme." Big brand, glossy careers page, September start date, assessment centre in a hotel conference room. That specific pipeline is what's collapsing. Professional services, corporate functions, marketing, media, the categories that ran the biggest and most visible graduate programmes, are exactly where postings have fallen hardest.
Meanwhile the growth is happening in industries most graduates have never seriously considered, at companies most graduates have never heard of.

Why those employers still can't fill a cohort
Here's the part that should annoy anyone working in this space.
Engineering firms, infrastructure contractors, energy companies, defence primes and manufacturers have been quietly desperate for entry-level talent for years. They're in the growth column. They have the vacancies, the training, often better long term progression than the schemes graduates are fighting over, and increasingly the salaries too.
And they are still losing the attention war to consultancies and banks who spend ten times more telling their story. Some of whom are actively shrinking their intake while they do it.
So twenty thousand graduates queue for the same handful of branded schemes, and the manufacturer down the road can't fill a cohort of eight.
That's not a labour market failure. That's a marketing failure. The social contract isn't broken. The signposting is. And signposting is a much more fixable problem, if employers in those growth sectors are willing to stop waiting for graduates to find them.
How to attract more graduates to technical industries
None of this requires a bigger budget than the bank down the road. It requires spending what you have on the right things.
Market the work, not the scheme.
Most graduate campaigns in technical industries lead with the programme structure. Rotations, mentoring, chartership support, the standard package. Every competitor says the same, and none of it means anything to someone who doesn't yet know what the job feels like. Lead with what your grads actually do. The tunnel they helped design. The substation they commissioned. The system they took live. Twenty two year olds pick careers off the back of interesting work, not off the back of a benefits list.
Be findable before you're ready to be applied to.
A meaningful chunk of graduates now open ChatGPT or Perplexity and ask where they should start their career in a given sector. If your company doesn't appear in that answer, you're not on the shortlist, and they'll never visit your careers site to find out you existed. That means long form content, real employee stories, YouTube presence, structured and specific careers information rather than brand poetry. The stuff AI can actually parse and cite.
Put your graduates on camera instead of your leadership team.
Nobody applies because your Chief People Officer talked about a people-first culture. They apply because someone two years older than them, doing the actual job, said something honest about what the first six months were like. It's cheaper to produce, it performs better, and it survives contact with a sceptical audience.
Say the salary.
Pay transparency in UK postings has slipped back to around 58%, down from a peak near 64% in early 2025. In a market this competitive for attention, withholding the number is a choice to be skipped. Graduates in these sectors often assume industrial employers pay less than the City. Frequently they're wrong, and staying silent lets the assumption stand.
Stop recruiting in a six week window.
The graduate scheme calendar exists because it suits internal planning, not because it suits candidates. If your only visibility is an autumn campaign, you're absent for the ten months when someone is actually forming an opinion about what they want to do. Always-on beats a burst, even at a fraction of the weekly spend.
Cut the hoops.
Every extra stage is a test of how much someone wants the job before they know whether the job wants them. If you're already fighting an awareness problem, a twelve step application with a one way video interview at the front is not helping you. Fix the drop-off before you buy more traffic.
Go where the competition isn't.
Everyone runs the same milk round at the same twenty universities. The graduates who'd actually thrive in a technical industry are frequently not at those twenty, and they're not competing for those roles because nobody has ever put the option in front of them. That's cheap ground for the employers willing to take it.

The reframe
The story of the moment is that the graduate market has collapsed and a generation has been sold a lie.
The truer version is messier. Demand has narrowed into a set of industries that have never been good at telling their own story, and it's drained out of the ones that were brilliant at it. An entire cohort is looking in the direction of the loudest signal, and the loudest signal is coming from the wrong places.
If you're an employer in one of the growth categories, this market is the best chance you've had in a decade to hire people who would previously never have looked at you.
The only thing standing in your way is that nobody knows you're hiring.
Frequently asked questions
Which UK industries are hiring graduates in 2026?
Hiring demand has grown in a small number of categories concentrated in technology, engineering and healthcare. Industrial and mechanical engineering, IT systems and solutions, cyber security, nursing and care, and logistics and infrastructure have all held up or grown while the wider market has fallen. Professional services, corporate functions, marketing and media, the sectors that historically ran the largest graduate schemes, have seen the steepest declines.
Why can't engineering and manufacturing employers fill graduate roles if demand is growing?
Because awareness, not vacancies, is the constraint. Graduates apply to the employers they have heard of, and consultancies and banks have spent years and considerably more money building that recognition. Employers in technical industries are competing for attention on a fraction of the spend, often without a distinct employer brand, so the roles go unfilled while the applications pile up somewhere else.
How do you attract graduates without a large employer brand budget?
Lead with the work rather than the programme structure, make sure you are findable when someone asks an AI assistant where to start their career in your sector, put current graduates on camera instead of your leadership team, publish salaries, recruit year round rather than in a six week autumn window, remove unnecessary application stages, and target universities your competitors ignore.
Is the UK graduate job market getting worse?
Graduate postings are down around 7% year on year and at their weakest mid-year level since 2020, so the headline picture is difficult. The decline is uneven, though. It is concentrated in the categories that ran the most visible graduate schemes, while parts of engineering, technology and healthcare have grown.
Data in this article is drawn from Indeed Hiring Lab's 2026 Mid-Year UK Jobs and Hiring Trends Report and Indeed's monthly UK labour market updates, published July and August 2026. Last updated 4 August 2026.
Nobody knows you're hiring. That's the bit we fix.
HIYA is an employer brand and recruitment marketing agency built for technical industries. Engineering and infrastructure, defence and aerospace, energy and utilities, manufacturing and FMCG, financial services. The sectors doing the most interesting work in the country and the least convincing job of saying so.
If you're heading into a graduate campaign already knowing the awareness isn't there, that's a conversation worth having now rather than in September.




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