New data has shown that weekly job postings have fallen back to levels last seen in April this year, but there’s still notable demand for some sectors.
The Recruitment and Employment Confederation’s latest Labour Market Tracker shows that there were 1.45 million active job adverts in the UK – this is lower than any point since the pandemic, but is still a high level relative to pre-pandemic.
With the new school year starting, the education sector has seen a significant increase in job adverts, in particular for school secretaries (+8.8%), crossing patrol occupations (+7.7%), teaching professionals (+6.4%), and secondary teachers (+4.0%).
Neil Carberry, Chief Executive of the REC, said, “Weekly jobs postings have returned to levels last seen in April this year. Employer demand is still significant, but a cooling-off is no surprise. With inflation high, and employers concerned about the economic picture, some moderation in hiring from the sugar rush of the past year was predictable.”
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Email JaimeNeil added, “That said, we are entering a new phase in our labour market. Workforce shortages make the impact of a slowdown on hiring much more unpredictable. It is far less likely that we will see much higher candidate availability, especially for roles requiring key skills, even if the economy slows.
“For businesses, working with skilled recruiters to adapt their offer to this market is essential. Changes to IR35 rules announced last week will help with bringing more labour on stream – but Government also needs to address the other key elements of making the UK a great place to invest and create jobs. That includes skills reform, and stability in the fiscal and monetary outlook.”
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