Statistics Online recruitment news

In a marked change from March’s boost to job activity, April saw drops in both jobs and applications.

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

By Jack Kennedy, UK & Ireland Economist, Indeed

Employers are scaling household bills support, instant access wages and home working allowances as 70% of workers are worried about their current salary during an ongoing cost of living crisis.

There were rises in both jobs and applications, with a particularly significant rise of 20% in applications, taking them to the highest levels we’ve seen in over a year.

Over three quarters (77%) of tech talent in the UK are unhappy in their current jobs and actively seeking out new roles, according to a new report out today.

Overall, 65% of parents who are either employed, unemployed, or on parental leave, said free childcare would encourage them to seek additional working hours, rising to 77% amongst parents who gave up work due to the cost of childcare.

Following a January boom in applications as well as a rise in jobs, February saw a dip in both jobs (-8%) and applications (-9%).

And the popularity of the four-day working week could see that number grow

There has been a 6.6% increase in the number of active postings in the week of 6-12 Feb compared to the previous week, with 1,323,315 active job adverts.

As an indicator that how people are working is rapidly changing in light of the cost-of-living crisis, global hiring platform Indeed’s top UK 15 rising search terms show a significant rise in demand for flexibility, part-time roles and roles where no experience is required.

Indeed Flex’s survey of UK workers found that despite high demand for a weekly top-up in wages, only 15% of employees are paid every seven days, with 5% paid fortnightly. More than three quarters (77%) of people receive their salary in one lump sum every month.

As hiring slows across the globe and businesses face doing more with less, companies are prioritising skills development to remain agile and retain talent amidst economic uncertainty.

More pay growth in store as over half of employers expect to raise pay further in 2023 to stay competitive

The new year, new job trend has arrived with a bang this year.