JobsOutlook January: Businesses remain optimistic despite tougher conditions in 2017
There are signs that the jobs market is starting to slow according to the latest JobsOutlook survey by the Recruitment & Employment Confederation (REC).
The survey of 601 employers has predicted a slight reduction in short-term hiring and companies who plan to increase their permanent staff headcount in the next three months has reduced to one in five (21 per cent), which is down from 24 per cent last month. It’s also evident that demand for permanent staff has decreased in all sectors except health & social care and education.
According to the latest survey; 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.
The report also found that:
– 50 per cent of all employers anticipate a shortage of suitable candidates for some permanent roles in 2017.
– Roles in engineering and technology, health and social care, and hospitality will be particularly affected by skills shortages.
Despite turbulent economic conditions, businesses remain self-confident. Three quarters of employers polled (74 per cent) say that their business will perform better this year compared to last year.