Vacancies in the UK have continued to fall while pay growth has slowed slightly, according to new data from the Office for National Statistics (ONS).
The CIPD’s labour market outlook found 41% of employers are struggling to fill vacancies, with 24% planning to use automation to address them.
Pay was up 7.8%, excluding bonuses, in June to August 2023, while vacancies fell for the 15th consecutive period.
Wages grew by 7.8% in the three months to July 2023, keeping pace with inflation for the first time in over a year despite a rise in unemployment and hiring slow-down, according to new data from the...
As skills shortages persist, 40% of UK employers have made a counter-offer to retain staff in the last 12 months according the CIPD's Labour Market Outlook.
The upturn in candidate availability gathered pace in July 2023, while permanent placements fell at the fastest rate since June 2020, according to a report from the Recruitment and Employment...
The number of people in employment fell by 120,000 between March and June 2023 and the Trades Union Congress (TUC) has warned Britain is on the brink of a recession.
James Reed, chairman of recruitment site Reed, has said the job market is no longer candidate driven, following a decline in job postings and increase in applications.
It is self-defeating for companies to respond to labour shortages and our stubbornly flat economy by cutting corners on recruitment.
The number of active job postings has remained stable and above 1.4 million since January 2022, according to April’s Labour Market Tracker from the Recruitment and Employment Confederation (REC).
A four-year study of labour market enforcement has recommended the introduction of a single enforcement body to tackle widespread non-compliance.
Nearly a million (913,000) young people have been lost from the labour market over the last 30 years, according to CIPD analysis released today.