Labour market

Reed boss calls time on candidate-led job market

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.

Successful recruitment in the modern world

It is self-defeating for companies to respond to labour shortages and our stubbornly flat economy by cutting corners on recruitment.

Worker demand plateaued from January-April 2023

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).

Labour market enforcement needs a single body, report finds

A four-year study of labour market enforcement has recommended the introduction of a single enforcement body to tackle widespread non-compliance.

Budget must get all ages involved in work, CIPD warns

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.

UK leads world with sharpest rise in terminations

The UK saw a faster increase in contract terminations than more than 160 countries despite overall low redundancy figures, according to new figures.

Base pay rise percent highest on CIPD records

The median pay rises expected from employers has reached the highest number seen since CIPD records began in 2012 at 5%.

UK salaries fall but vacancies remain high

The average salary for UK professionals on permanent contracts has fallen over the past year, even as vacancies rose in January.

Students turning to micro-credentials to boost education and land jobs

Students and graduates are turning to online skills certifications to boost their CVs and win jobs they might not otherwise be qualified for, according to research published today (1 February).

Chancellor's UK Silicon Valley vision must get serious about skills

Chancellor Jeremy Hunt set out his vision of the UK as an innovation hub to rival Silicon Valley on Friday (27 January). Think tanks have warned, however, that more action will be needed to reach his...

Recession fears might worsen talent shortage, says REC

Workers and employers in the UK remain cautious as recession and a tightening of the labour market look set to continue in 2023, according to the latest Report on Jobs from the Recruitment and...

Pandemic forces half a million more people out of workforce

Workforce inactivity is struggling to reach levels experienced before the Covid-19 pandemic, according to the latest data from the Office for National Statistics (ONS).