REC: Recruitment is £7.7bn key to economic bounce back February 18, 2021 Recruitment is the key to economic recovery, the Recruitment & Employment Confederation (REC) has said today, as recruitment firms boost productivity by £7.7b each year. However, far more can be achieved as new research found that only half of people think that companies are doing a ‘good job’ at recruiting efficiently. A below standard hire [...]
One in four consumer-facing businesses may ditch staff if furlough ends in April February 18, 2021 A quarter of British businesses expect to fire staff if furlough is not extended beyond April, the British Chambers of Commerce said on Thursday. Results from the latest BCC survey on the impact of coronavirus shows how lockdowns have pushed businesses to the brink. Three in every five firms have seen revenue fall in the [...]
Jobs applications during December lowest in five years January 18, 2021 The number of people applying for jobs in December was the lowest it had been in five years, despite the current unemployment rate. Just 2.2 million job applications were made last month, down just more than a third (34%) when compared with the same time in 2019, according to jobs site Broadbean Technology. The job [...]
City salaries up this quarter as London weathers worst of 2020 January 18, 2021 Salaries in the City of London are up 14 per cent on the last quarter, as the city moves past the worst of the pandemic damages. The city jobs market has remained resilient despite the triple threat of the pandemic, Brexit trade deal and the US election. Brexit has also failed to deliver a big [...]
Salaries for those who kept their jobs through pandemic rose in 2020, says Reed January 18, 2021 Salaries for those who kept their jobs through pandemic rose in 2020, says Reed
‘Phantom roles’ may mask the true state of the UK job market January 14, 2021 Last month, the Office for National Statistics (ONS) painted a bleak picture of the UK job market with the hospitality and retail sectors being in a particularly bad shape. ONS data showed the biggest-ever year-on-year decline in job vacancies in those sectors as the number of open positions fell by 49 percent and 52 per [...]
Three quarters of small businesses set to hire next year as vaccine boosts confidence December 31, 2020 Small businesses are looking forward to hiring further staff in 2021 as the vaccine rollout boosts confidence for the year ahead. Some 77 per cent of businesses plan to increase their workforce, with four in ten aiming to do so as early as Q1. The research, conducted by Starling Bank and the Great British Entrepreneur [...]
Furlough extensions keeps redundancy rise to lowest since March December 23, 2020 The extension of the furlough scheme until the end of April 2021 appears to have slowed the rate of redundancies across the UK. New figures from the Insolvency Service show 36,700 redundancies were proposed in November, the lowest monthly figure since lockdown restrictions were introduced in March. The November total is around a fifth of [...]
Treasury urged to focus on job creation amid UK ‘unemployment crisis’ December 14, 2020 The government has been urged to take a more active approach to job creation and keep public spending high to avoid “sleepwalking into an unemployment crisis” next year. The House of Lords Economic Affairs Committee said the Treasury should move away from wage subsidies and instead fund jobs in places they are needed such as [...]
Revealed: The most in-demand and hardest-hit job roles of 2020 December 9, 2020 Couriers are now the most in-demand job of 2020 with over 188,000 monthly vacancies for the position. This is according to a report by Quadrotech, analysing the UK job market to reveal the most sought-after and worst hit jobs of the year. There is little surprise that couriers take the top-spot, with companies such as [...]