As we near the halfway mark for the year, the overriding story of the 2022 jobs market is that it is tight. All data from the latest REC Report on Jobs underlines the same key headlines we’ve seen for months now. Against a backdrop of inflation rising 6.2% in the year to March 2022, different […]
The labour market is tight, and there’s currently no let up. As Claire Warnes, Head of Education, Skills and Productivity at KPMG commented, in relation to the latest REC Report on Jobs: “There’s no end in sight to the deep-seated workforce challenge facing the UK economy. Once again this month, job vacancies are increasing while […]
As we reach the midway mark of the first quarter of the year, it’s an interesting and varied picture for the recruitment market. In many ways it’s ‘more of the same’ following the job market characteristics of the last few months, and in addition, we need to have an eye ahead on rising inflation and […]
2022 is launching itself from the starting blocks with intensity when we look at the most recent recruitment data available up until the end of last year. Indeed, unemployment continued on its downward trend, with the ONS reporting that there were 257, 000 more employees on payrolls in November 2021 than just the month before. […]
It’s been another month where we continue to see robust recovery in the world of work. Whilst Omicron and associated concerns around that may add to uncertainty over the next few months, at the moment we are proving a resilience that’s enabling a very tight and strong labour market. There’s a LOT of hiring going […]
The latest REC Report on Jobs kicks off with Kate Shoesmith, Deputy CEO, stating that “we are moving into a new phase of the recovery, as the initial bounceback in demand starts to ease.” What we are seeing is the resilience of the labour market as the furlough scheme ended, and recovery continuing apace, but […]
As we head into October and use the data to look back on the recruitment market in September, and consider the coming months, we’re doing it against a backdrop of personal knowledge. Every single one of us has seen some of the impact of the latest data in one way or another, whether that’s an […]
Over the early summer there has rightly been a lot of positivity about the state of play in the jobs market. As COVID restrictions were lifted, hiring activity got underway at pace. However, we need to temper that positivity with a little caution. Indeed, Neil Carberry, Chief Executive of the REC, highlights the issue by saying, […]
The big news from the latest Report on Jobs centres on the headline statement ‘candidate availability falls sharply’. This is the picture emerging from the past few months which is now bedding in as a notable trend. What’s going on in the recruitment arena? The recovery continues apace for many businesses and this is reflected […]
The current state of the jobs market is a tale of two halves. We absolutely don’t want to shy away from the tremendous recovery, evidenced in record-breaking data. However, we need to temper this by honestly acknowledging the difficulties we are facing due to not enough candidate supply. As Claire Warnes, Partner and Head of […]
