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 […]
Work experience – valuable or old school?
My name is Madeline Hooper, I’m in year 12 of Moulton School and Science College, ready for year 13 in September and I’ve just completed my work experience at Impact Recruitment. As many schools have not been able to offer external work placements to their students in the past couple of years, favouring virtual placements […]
Current Labour Market Conditions – March 2022 Update
A short summary of some recent news and survey results from the REC Welcome to our March update on current UK labour market conditions, a bitesize edition of news and statistics that have been collated by the Recruitment and Employment Confederation (REC) and KPMG UK and presented in their Report on Jobs. Read to the […]
Current Labour Market Conditions – February 2022 Update
What are the current labour market conditions? As we near the end of the first quarter of 2022 we can take a look at data from the Recruitment and Employment Confederation’s (REC) research and Labour Market Tracker and what it means for employers. According to the latest insights we’re still hitting records, as comparisons of vacancies […]
Current Labour Market Conditions – January 2022 Update
What are the current labour market conditions? The numbers for the last quarter of 2021 have been released by the Recruitment and Employment Confederation (REC), noting that the total UK workforce increased by 60,000 quarter-on-quarter. Temporary employment was higher than the same time in 2020 by 9% and represented 5% of the UK workforce. The […]
