Technical Moves | Jobs Outlook: Hiring intentions steady despite political and economic uncertainty

Jobs Outlook: Hiring intentions steady despite political and economic uncertainty

Carl Wright
by Carl Wright

Hiring intentions steady despite political and economic uncertainty

A summary of the recently published REC Jobs Outlook for February 2017 found that businesses confidence and hiring intentions remain steady despite political and economic uncertainty:

Jobs Outlook: February 2017

‘Political and economic uncertainty’ is ranked as the top challenge faced by a third of businesses (36 percent), according to the latest JobsOutlook report.

Jobs Outlook Jan 2017 - Self confidence

While a third (33 per cent) believe that UK economic conditions are improving:

jobs outlook feb 2017

 

KEY FINDING from the latest report: 

  • For the ninth consecutive month, the report shows a shortage of suitable candidates for permanent roles in the engineering and technical sector.
  • One in five (22 per cent) intend to increase their permanent staff headcount within the next three months. 

 

 

 62% of employers increased pay / earnings in the last 12 months. Spare capacity continues to remain an issue.

 

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

"2017 continues to see rising demand with new instructions for permanent and technical staff across all built environment sectors in East Anglia and the Home Counties. The demand for quality staff combined with record employment levels continues to put skills shortages in focus. With political and economic uncertainty, skills shortages and the potential for fewer EU nationals moving to the UK the pressure on businesses to retain and find quality looks set to increase.

 

"We continue to advise all our clients that a flexible approach to recruitment 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"