Labour Market Report – March 2023
The labour market in the UK is an important indicator of how the economy is performing. In March 2023, it is expected that the employment rate will remain high and will have increased further since March 2022. Moreover, it is also expected that the unemployment rate will remain low and continue to decline over time. […]
Labour Market Report Overview – January 2023
According to the latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, increased economic uncertainty, pressure on clients’ budgets, and low candidate numbers all dampened hiring activity at the end of 2022. Permanent placements fell for the third month in a row, at the fastest rate since the beginning of 2021, […]
National Living Wage Increase
UK Minimum Wage and National Living Wage increases from April 2023 for every age group The National Living Wage (NLW) will rise to £10.42 from 1 April 2023, an increase of 92 pence or 9.7 per cent. It will be a legal requirement for all UK employers to pay their workers this new rate – […]
How to prepare for an interview
An interview is your chance to demonstrate your qualifications for a position, your interest in the company, and your personality. Being prepared for an interview can help you feel calm and confident, as well as ensure you can answer the questions that will most likely be asked. There are numerous ways to prepare for an […]
Labour Market Report – December 2022
As we are heading toward the year’s end, we have prepared one last labour market report for our readers. This year has been a challenging one, with candidate shortages, the cost of living crisis, increased inflation and other economic factors that have affected the recruitment industry overall. As a smaller sized organization, we have faced […]
Labour Market Overview – November 2022
Labour Market Overview Update! According to the latest ONS statistics report, the exceptional growth in demand for new workers we have seen through the year is at an end, however hiring activity is still at an exceedingly high level and shortages are still a key problem for firms. Key trends: The number of pay-rolled employees […]
Current Labour Market – October 2022
Current Labour Market Updates – Considering the cost of living and other economic factors, information about labour markets are invaluable. What do the latest figure show? The key trends are: Employment levels and vacancies are high, while unemployment is at historically low levels Number of people who are not economically active is rising ONS reports […]
Current Labour Market Conditions – September 2022
What are the Current Labour Market Conditions? The latest Office for National Statistics data shows a labour market that is plateauing, with the employment rate decreasing, unemployment increasing, economic inactivity rising sharply and vacancies falling for the second quarter in a row. Skills and labour shortages and high vacancies are putting a break on growth […]
Labour Market Conditions – August 2022 – What to expect?
Labour Market Conditions – August 2022 – What to expect? The UK labour market is under pressure from worker shortages like never before, however, the latest reports show that the hot labour market in the UK is giving signs of cooling. Businesses turned out to be more cautious when it comes to hiring, and workers […]
Skills Shortages Affecting the UK’s Economy – Myth or Fact?
What is the skills shortage in the UK? More than half of UK businesses are currently experiencing skills shortages, and a survey of almost 500 leaders of medium-sized businesses across England and Scotland found that they all thought the current skills shortage in the UK could pose a threat to their growth. As the inflated […]
