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Latest Labour Market Tracker: New job adverts suggest good demand in the labour market despite growth headwinds – REC

Labour Market Tracker: New job adverts suggest good demand in the labour market despite growth headwinds – REC

Friday, September 29, 2023

The number of active postings in the week of 11-17 September 2023 was 2,967,950– a 5.6% increase compared to the previous week (4-10 September 2023). This was 111.9% higher than the year before (12-18 September 2022) but this is because job postings are staying online for longer driven by shortages in some sectors, and longer decision-making processes from employers in others.

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  • JobsOutlook: Firms view of their own prospects improving month on month – REC

    JobsOutlook: Firms view of their own prospects improving month on month – REC

    Wednesday, September 27, 2023

    Employers’ confidence has retained an upward trend despite a slower July, according to new Recruitment & Employment Confederation (REC) data.

    The Office for National Statistics (ONS) reported recently that the UK economy shrank more than expected in July but REC’s survey which covers June-August 2023 points to better underlying sentiment about the economy.

  • WORKPLACE ABSENCES IN THE UK REACH A 10-YEAR HIGH, CIPD AND SIMPLYHEALTH REPORT INDICATES

    WORKPLACE ABSENCES IN THE UK REACH A 10-YEAR HIGH, CIPD AND SIMPLYHEALTH REPORT INDICATES

    Tuesday, September 26, 2023

    Posted by Paul Gray | Sep 26, 2023 | HR Strategy News

    UK workplaces witnessed a significant rise in absences over the past year, reaching an average of 7.8 days, a surge from the pre-pandemic figure of 5.8 days. These findings, stemming from a joint survey by the CIPD and Simplyhealth, indicate the highest level of workplace absences seen in over ten years.

  • FINANCIALS: STHREE’S Q3 TRADING UPDATE REVEALS ‘RESILIENCE’

    FINANCIALS: STHREE’S Q3 TRADING UPDATE REVEALS ‘RESILIENCE’

    Thursday, September 21, 2023

    DEEDEE DOKE 21 September 2023

    STEM recruiter SThree’s trading update shows the global company’s net fees down 7% year-on-year amid ongoing macro-economic weakness.

    In this week’s Q3 2023 trading update, however, contract net fees performance improved to flat year-on-year, now representing 84% of group net fees, compared to 77% in the comparable period of 2022.

  • REC announces shortlist for its 2023 recruitment awards

    REC announces shortlist for its 2023 recruitment awards

    Friday, September 15, 2023

    The Recruitment and Employment Confederation (REC) has released the shortlist for the 14th REC Awards, including for its first-ever Agency Star of the Year award.

    This new category will recognise the contribution of recruitment industry workers who do not necessarily fit into the other more role-specific categories. And the winner of this category will join the other seven individual category prize-winners in the shortlist for the Recruiter of the Year prize.

  • REC response to ONS labour market figures, September 2023

    REC response to ONS labour market figures, September 2023

    Tuesday, September 12, 2023

    The ONS has published its latest labour market statistics this morning. Neil Carberry, REC Chief Executive, said:

    "Pay rising to meet falling inflation is a function of firms giving higher pay awards to staff in the spring, ongoing staff shortages in some sectors such as hospitality and logistics, and a big rise in the minimum wage. It was always likely that pay would meet falling inflation during this year, but we should be cautious of any analysis that suggests pay is driving rising prices at this stage – businesses have been carefully managing looking after workers and maintaining cost stability".

  • ONS Labour market overview, UK: September 2023

    ONS Labour market overview, UK: September 2023

    Tuesday, September 12, 2023

    The UK employment rate was estimated at 75.5% in May to July 2023, 0.5 percentage points lower than February to April 2023. The quarterly decrease in employment was mainly driven by full-time self-employed workers.

  • The most dangerous jobs in the UK

    The most dangerous jobs in the UK

    Tuesday, September 5, 2023

    Essential UK industries that keep the country moving, can sometimes mean life or death for their workers. So, you would hope the salaries adequately compensate for the risk involved, but new research reveals that is not the case.

  • REC responds to Labour concerns on healthcare

    REC responds to Labour concerns on healthcare

    Friday, September 1, 2023

    Commenting on the importance and value of agency staff to the NHS, the Recruitment & Employment Confederation Deputy Chief Executive Kate Shoesmith said:

    "Agency staff keep the NHS going. They offer trusts rapid and reliable help to overcome the serious labour shortages in healthcare. Our most recent data shows nearly 73,500 active job postings for nurses alone. For patients, the use of agency healthcare staff means more chance of shorter waits for appointments, scans, and diagnoses".

  • ChatGPT | Workers are turning to AI to write CVs, but is that really an issue?

    ChatGPT | Workers are turning to AI to write CVs, but is that really an issue?

    Friday, September 1, 2023

    It seems, based on data published by tech company Kaspersky, that workers are utilising AI tools like ChatGPT when writing CVs and cover letters.

  • Labour Market Tracker: Stronger August for hiring hints at labour market resilience and possible recovery - REC

    Labour Market Tracker: Stronger August for hiring hints at labour market resilience and possible recovery - REC

    Friday, August 25, 2023

    The number of new job adverts this August has remained at a robust level each week, suggesting greater confidence among hiring companies than last summer, finds the Recruitment & Employment Confederation (REC) and Lightcast’s latest Labour Market Tracker.