October’s Job Market Analysis is now live and can be found here.
The report gathers key data points from the latest ONS release and the REC Jobs Outlook Report.
Since the publication of this report, we have seen a new national lockdown imposed as well as a Winter/Spring extension to the furlough scheme. So it remains to be seen how November’s report will compare to this one. We hope that this information will be of some use as a comparator to your own organisation’s forecasting.
Key points from October’s report include:
- 63% of respondents believe UK economic conditions to be worsening
- 31% are more confident about hiring & investment decisions than in previous quarter
- 43% medium size employers report a need to take on new staff if workload increases
- Indicative figures for forecast demand for temporary workers suggest a higher than average demand for; drivers, construction, and technical & engineering
All reports and analyses can be found here.
Should any of the key data points be of particular interest to you or if you are interested in other current available market analyses, please do get in touch to discuss.