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ONS Commentary from totaljobs

By John Salt, Group Sales Director, Totaljobs

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“The continuing fall in the UK’s unemployment rate is an encouraging sign for the state of the job market. Despite concerns over Brexit and rising costs amid a weak pound, many sectors have seen increasing business activity which has been reflected in the number of staff they are looking to hire.

“Our most recent Totaljobs Employment Index also reflected the strength of the job market, with applications up 32% in the first three months of 2017 compared with the same period last year. Jobs are also up 13% year-on-year in the month of March, another sign of the market’s strength.  

“But the future is still very much uncertain, with the triggering of Article 50 and increasing geopolitical unrest. We’re also in a time when more people are employed on zero-hour contracts, which suits many people’s lifestyles, but creates economic uncertainty for others.

“It will be important for both candidates and employers to ensure they are adequately prepared for an unpredictable job market, and are able to adapt to a more flexible approach to employment going forward.”