Labour market

‘Iceberg’ labour market continues to cool

The latest labour market figures show unemployment on the rise and vacancies continuing to drop, but lower inflation has seen real-terms pay growth increase.

Uptick in temporary hires suggests "cautious optimism"

Temporary staff hires are up 69% in 2024, according to data from hiring platform Totaljobs.

Recruitment declines while labour supply jumps

Recruitment continued to decline in March, a survey of 400 recruitment and employment consultancies by KPMG and the Recruitment and Employment Confederation (REC) showed today.

Recruitment falls as candidates increase at fastest rate since 2020

Recruitment has decreased during November, according to a report from the Recruitment and Employment Confederation (REC) and professional services network KPMG.

Are misconceptions towards apprenticeships holding businesses back?

Many businesses are grappling with talent shortages, and the skills gap this leaves is only set to grow.

Vacancies fall as pay growth cools

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).

Labour shortage persists as employers turn to AI

The CIPD’s labour market outlook found 41% of employers are struggling to fill vacancies, with 24% planning to use automation to address them.

Record pay rises as vacancies down again

Pay was up 7.8%, excluding bonuses, in June to August 2023, while vacancies fell for the 15th consecutive period.

Wages outstrip inflation while unemployment grows

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...

Counter-offers used to fill skills shortages

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.

Rise in candidate availability gathers pace

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...

Thousands of UK jobs lost as unemployment spikes

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.