Recent data shows that there were 224,000 new adverts posted in the last week of February – the highest weekly figure since the beginning of December 2021.
According to the Recruitment and Employment Confederation’s (REC) latest Labour Market Tracker, all occupation groups across the country recorded at least a marginal increase in active job postings compared to the previous week.
Interestingly, the biggest weekly growth in adverts was for fitness instructors, travelling salespeople and furniture makers.
Neil Carberry, Chief Executive of the REC, commented, “Firms are hiring to meet demand as the economy recovers, and that is great news for people looking to move on in their careers. With increases in every type of job and almost every local area, that opportunity is widespread too. Recruiters across the UK are ready to help people find new roles. Employers’ confidence levels have been boosted by COVID restrictions start lifting, with activity returning to city centres and industries like entertainment and hospitality much closer to normal.
Considering becoming an employee of Contractor Umbrella?
Give us a call on 01206 591 000 or email jaime.thorpe@contractorumbrella.com.
Email Jaime“But the high level of job adverts also reflects the difficulty firms are having in hiring. The UK economy is facing some severe capacity constraints as it recovers, which is contributing to higher inflation.
“Now is also the wrong time to be increasing National Insurance, our biggest business tax – government should be encouraging business investment and supporting household incomes rather than piling more costs on taxpayers at a time when inflation is already high.”
John Gray, Vice President, UK Operations at Emsi Burning Glass, added, “The data continues to show a remarkably tight labour market, with strong employer hiring activity across the country, suggesting that the number of vacancies continues to be very high.
“Whilst this suggests strong business confidence, we know that many employers are still finding it hard to get the talent they need, which means they will need to look for new and innovative ways of promoting what they offer to potential workers, if they are to attract the people they need to grow their business.”
To find out more about contracting please contact Jessica on 01206 591 000 or email jessica.attwood@contractorumbrella.com.
Trusted by over 1,200 employees |