According to new figures from Indeed, AI adoption across industries has contributed to a steep drop in graduate job listings. The jobs platform reported a one-third fall in advertised roles for recent graduates, the lowest level seen in almost a decade.

Major professional services firms have significantly scaled back their graduate intakes in response to shifting labour demands. KPMG, Deloitte, EY and PwC all reported reductions, with KPMG cutting its graduate cohort by a third.

The UK government has pledged to improve the nation's AI skills through partnerships to upskill 7.5 million workers. Prime Minister Keir Starmer announced the plan during London Tech Week as part of efforts to prepare for an AI-driven economy.

Concerns over AI replacing human roles were highlighted in a controversial ad campaign by Californian firm Artisan, which sparked complaints to the UK's Advertising Standards Authority. The campaign's slogan urged companies to stop hiring humans.