With people returning from holidays and businesses preparing themselves for the Christmas peak, job adverts are at a record high for the year.
The Recruitment & Employment Confederation’s (REC) latest Labour Market Tracker revealed that in the week of 22-28 August, active job adverts hit a new high for 2022 of 2.08 million.
The data shows that all regions in the UK recorded an increase in job adverts and all occupations except dancers, actors and entertainers, recorded notable increases in job adverts.
Neil Carberry, Chief Executive of the REC, commented on the findings, “A surge in new postings in late August is the result of recruitment restarting as people return from holidays, combined with preparation for the Christmas peak in manufacturing and logistics.
“It is still a good time to be looking for a job – the number of active job vacancies reflects a shortage of candidates for many key roles. That is why businesses who want to hire need to think carefully about their approach, relying on advice and support from REC members as experts in the field.
“The Prime Minister and their Cabinet should prioritise the economy. That means addressing shortages by working with businesses to develop a workforce strategy that can support growth.
“There are some quick wins that could help – reforming the Apprenticeship Levy to enable more people to train, focussing on more effective support into work for those who are currently inactive, and increased numbers and longer work visas for key sectors. Effectively protecting small businesses from enormous increases in the uncapped price of energy is also vital.”
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