Recruitment Market Update

Fox Resourcing brings you a recruitment market update, covering:

-      Recruitment Intention rates.

-      Employers’ changes to aid recruitment.

-      Employment rates.

-      Hiring activity.

-      How we can help here at Fox.

Recruitment intentions statistics:

According to the latest data, recruitment intentions are still above pre-pandemic levels. Not only are they still above pre-pandemic levels but they appear to be on an upwards Journey, with 74% of employers stating they are planning to take on new staff in the next quarter. This is great for those looking to change jobs/careers due to the cost-of-living crisis.

Although recruitment intention percentages are high, candidate shortage difficulties remain with 45% saying they have hard-to-fill vacancies. 44% of employers have managed to overcome their hiring difficulties by increasing salaries, 27% of employers are anticipating raising pay in future to address candidate shortage.  

On a positive note, companies are also looking to take other avenues to tackle the staffing challenges. One being making jobs more flexible by 38% of employers, these changes will hopefully aid recruitment.

Hiring activity:

Job vacancies have risen to a new record of 1,295,000, an increase of 33,700 from the previous quarter. Feb to April 2022 saw all industries rise above their Jan to March 2020 pre-pandemic levels. This chart shows the increase in overall active job adverts since the beginning of 2022 up until May 2022.

 

How Fox can help you:

We update our website weekly with new job roles needing to be filled, head over to https://fox-resourcing.co.uk/job-search/ or click the Job Search tab at the top of your screen to see what we currently have available.

 

Recruitment Market Update

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