Latest findings show that despite the fact that candidate availability is on the up, the labour market remains tight with a lot of broad skills shortages.
According to the recent KPMG and REC UK Report on Jobs, a combination of the slowdown in recruitment activity and reports of redundancies has created a steep and accelerated rise in overall candidate availability.
However, recruitment consultancies suggest that uncertainty over the economic outlook has resulted in businesses hesitating to hire during June.
Many firms still seem to be turning to temporary staff with the majority of the monitored sectors recording greater demand for those working in the contracting sector – this was led significantly by the Hotel & Catering industry.
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Email JaimeClaire Warnes, Partner, Skills and Productivity at KPMG UK, said, “The sharp upturn in candidate availability this month – the highest for two and a half years – is a big concern for the economy reflecting the effects of a sustained slowdown in recruitment along with increasing redundancies across many sectors.
“Employers are also tending towards temporary hires, given lingering economic uncertainty. And yet, the labour market remains reasonably resilient, with notable demand for skilled workers, both permanent and temporary, across a multitude of sectors this month.
“The evident mismatch between open vacancies and the skills of available candidates needs to be addressed urgently and a concerted focus on upskilling and reskilling is long overdue.”
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
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