Produced by the REC and KPMG, the latest report on jobs highlights the gap between the demand for labour, and labour supply. The gulf widened in August 2021, creating knock on effects in terms of rising salaries, and as we've previously talked about, gaps on supermarket shelves amongst other effects.
Hiring levels also rose, showing that whilst there are fewer candidates, businesses are employing people, and there is still a desire to move by candidates with the right motivations.
Neil Carberry discusses the longer term effects of this. "A number of factors mean that the UK labour market will remain tight for several years to come. Business leaders should be looking now at how they will build their future workforces, in partnership with recruiters, including the skills and career path development."