Recruitment is improving

The annual August slowdown  in recruitment activity was less severe this year than in 2022, with 28.8% more new jobs on the market than last year according to latest statistics.

Last August was the onset of a slowdown in hiring that coincided with peak inflation and rises in cost of capital for firms. But over the past few months, it is suggested that businesses are gaining confidence in their hiring plans and are more active this summer than last. This is evident in the latest job advert numbers – a contrast with the more cautious and concerned view of August 2022.

Across the UK, occupations with notable increases in job adverts include police officers, advertising accounts managers and creative directors and legal professionals. Plasterers, TV, video and audio engineers and groundsmen and greenkeepers roles also saw high growth.

121 HR Solutions has experience in supporting employers to recruit, particularly in senior roles. If you would like to discuss recruitment with us, please contact enquiries@121hrsolutions.co.uk

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