Latest data from the Office of National Statistics (ONS) shows that last month saw a record number of job vacancies posted.
Commenting on the findings, Ann Swain, Chief Executive of the Association of Professional Staffing Companies (APSCo), said, “These figures from the ONS echo the data we’re seeing at APSCo, with our latest trends report – produced in conjunction with growth analytics experts cube19 – revealing that year-on-year figures for permanent and contract vacancies were up 43% and 53% respectively in July. However, while this growth in hiring is a positive reflection of the road to recovery that the UK appears to be on, the continued dearth of talent is a concerning challenge that could derail growth plans for some businesses.”
But Swain also warns of the pressure on the recruitment sector as skills shortages remain: “For staffing companies, there’s mounting pressure to source top talent in a competitive market the likes of which many haven’t experienced before. Added to this demand, there are a number of macroeconomic elements that are impacting the ability to attract the resources needed.