Technical Moves | Jobs Outlook: Businesses optimistic despite harsher conditions in 2017

Jobs Outlook: Businesses optimistic despite harsher conditions in 2017

Carl Wright
by Carl Wright

Businesses optimistic despite harsher conditions in 2017

A summary of the recently published REC Jobs Outlook for January 2017 found that Businesses optimistic despite harsher conditions in 2017:

Jobs Outlook: January 2017

Three quarters of UK employers (76 per cent) expect economic conditions to be more challenging in 2017 compared to 2016, according to the latest JobsOutlook report.

Jobs Outlook Jan 2017

But three quarters (74%) also think their business will perform better in 2017 than in 2016.

Jobs Outlook Jan 2017 - Self confidence

KEY FINDING from the latest report: 

  • 50 per cent of all employers anticipate a shortage of suitable candidates for permanent roles in 2017. 
  • Roles in Engineering, Technology, and hospitality will be particularly affected by skills shortages. 

Key Survey Points

 Almost 60% of employers increased pay / earnings in the last 12 months. Spare capacity continues to remain an issue.

workforce planning

 

The full report including a comprehensive monthly picture of permanent and temporary recruitment, jobs and earnings in all regions is available here: REC jobs outlook report 

Technical Moves Comment

"So far 2017 has since a significant increase in new instructions for permanent and technical staff across all built environment sectors in East Anglia and the Home Counties. The demand for quality staff has continued to put skills shortages in focus. With the trend towards flexible working and an aging workforce we only see this becoming more acute during the year.

"We continue to advise all our clients that a flexible approach to job requirements is the best way to make the most of the available talent. Employers prepared to look at transferable skills when searching for local staff are the ones getting better long term results." 

"We would love to hear from you to discuss your own recruitment needs. Talk to our team and let our experience work for you. We promise a friendly approach, confidential advice and quality local knowledge"