Trends in the UK job market

The UK job market is evolving, presenting both opportunities and challenges for workers and employers alike. Recent trends indicate a growing demand for temporary roles in sectors such as administration, IT, sales & marketing and human resources. This shows that companies are looking for additional resource and are adding to their headcount!

🔍 **Rising Demand for Temporary Roles**
The increase in temporary positions suggests businesses could be hesitant to commit to permanent hires amid economic unpredictability. However, it also shows they are finding a way to bring in new members of staff, even during times of uncertainty/low budgets! Temporary roles have increased by 15% over the last year, indicating a shift in hiring strategies.

On a positive note, more temporary opportunities means that temporary workers can widen their experience. These positions can provide immediate employment, experience in different areas sectors and the potential to lead to a longer-term opportunity in the future! We are so proud of our temporary workers many of them excel and have progressed into securing a permanent role.

💼 **Intense Competition Amid Declining Vacancies**
With skilled workers re-entering the market, job seekers are facing heightened competition. The number of job vacancies has now fallen for 27 consecutive months, dropping by 20% since last year. As companies pull back on hiring, have you thought about how you are going to present yourself in the best light to potential employers? We regularly post useful hints, tips and advice on our news page of our website! Head over and take a look!

📈 **Sustainable Wage Growth?**
The 4.9% rise in wages brings welcome relief from rising living costs and reflects a strong job market. While job openings have slightly decreased, continued focus on job creation can help sustain wage growth, ensuring workers benefit from a more stable and resilient economy.

🛠️ **Conclusion**
The current shift in the job market presents immediate opportunities. Workers should focus on upskilling and personal branding to remain competitive, while businesses must navigate the balance between managing short-term pressures and investing in long-term talent.

Julie Weekes - Recruitment Consultant