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The REC’s latest Jobs Outlook shows London employers’ intention to hire permanent staff outpacing the overall UK level that itself is also positive. The body’s net outlook, taken from a survey carried out in June 2024, looks at the percentage of employers intending to increase permanent hires and subtracts the percentage intending to decrease. London…
Job vacancies and placements across the capital hit fresh lows through June as job openings recorded their 16th consecutive month of contraction, according to a survey compiled by S&P Global for KPMG and the Recruitment and Employment Confederation. In its latest labour market pulse check, S&P Global recorded a reading of 47.6 for London’s jobs…
In a written statement to Parliament, business secretary Jonathan Reynolds said he had written to LPC chair Baroness Stroud to set out an updated remit, which asks the commission to consider the cost of living for the first time, while also considering the impact on business, the labour market and the wider economy. But the…
Employers will be looking to the new Skills England body to help them overcome ongoing skills and labour shortages – and the stakes are high. Our own research suggests continued failure to tackle these could cost the economy up to £39 billion every year (just short of building two whole Elizabeth Lines) in lower GDP…
In a new report ‘Young people’s perceptions of careers in the pharmaceutical industry’, the Association of the British Pharmaceutical Industry (ABPI) found that a good salary continues to be the leading factor influencing career decisions of young people, with 50% saying good earnings were the most important factor when looking for roles [1]. The research,…
Here, we explore four key influences shaping the global job market today. 1. Global mobility and cross-border recruitment Companies are increasingly tapping into international talent pools to address local skill shortages and bring diverse perspectives into their organisations. However, managing a global workforce requires navigating various legal, cultural, and logistical challenges. Immigration laws and work…
“AI is replacing human tasks faster than you think,” CNN recently blared. Everywhere are lists of jobs AI is or will soon be replacing, such as this dour piece from MSN: “24 Careers AI Might Take Over: Will Your Job Survive?” “While your job may be safe for now, there’s no guarantee you’ll be set for…
The total of new roles being advertised fell by 26% compared with June 2023, and by 2% on the previous month. Similarly, the number of new candidates searching for jobs in the industry fell by 22% last month, after reaching a 2024 high in May. This was also down by 11% from the same month in…
According to research, 1 in 6 Brits are currently actively looking for a job, with 9.8 million employed people actively looking for a role every day in the UK, it is easy to see why it takes job hunters 4-months to find a new role. Before diving into the interview process, especially with online interviews, there…
The consultation, which will last for 12 weeks, comes as over 2.6m people of working age now receive Personal Independence Payment (PIP), with monthly new claims almost doubling since 2019. Plans to make the disability benefits system fit for the future and overhaul the ‘one-size-fits-all’ approach were published yesterday [Monday 29 April], following Prime Minister…
More than half of workers surveyed pointed to external factors and a “fear of the unknown” as holding back their professional growth, cited by 52% and 51%, respectively. “With the profound shifts reshaping the global workforce, the importance of leadership, skills training and opportunities for internal mobility cannot be overstated,” Gaëlle de la Fosse, president…
Employers continue to hold back on hiring in the UK, but the rate of contraction in April was the slowest recorded since January, suggesting a potential turnaround in demand, according to the UK Report on Jobs from KPMG and the Recruitment and Employment Confederation (REC). “[Permanent staff appointments] have now fallen in each month since October 2022,…