Statistics

In the face of the cost-of-living crisis, nursing jobs in the UK are seeing wage growth of just 2.9% year-on-year.

A drop in activity is usual in the final month of the year as businesses, employees and candidates wind down for the Christmas break but continued economic uncertainty could also be playing its part.

Concerns over job security are expected to slow down the ‘January jobs rush’ in 2023, with just 8% of Brits planning on looking for a new role as they start the year.

The WaveTrackR November 2022 Recruitment Trends Report revealed that jobs rose by 17% from October to November, a trajectory we don’t often see in the last couple of months of the year.

The recruitment and staffing industry contributed £42.9 billion of direct Gross Value Added (GVA) to the UK economy in 2021. This marked a 21.7% increase on 2020 and a rise on pre-pandemic levels.

In the midst of political uncertainty and ahead of the Autumn Statement, new research from FreeAgent, the cloud accounting software company, reveals that almost a quarter (23%) of SMEs believe the UK economy has been damaged irreversibly by Brexit and/or Covid-19 - with an astonishing 64% of business owners stating they are worried their businesses won’t survive the next 12 months.

Health and wellbeing programmes need to be the priority for HR during a recession, say nearly half of managers and senior leaders

The latest data from XpertHR shows that pay settlements remain at their highest level for 30 years and are worth a median 4% in the three months to the end of October 2022. Over the same period last year, the median pay award was worth just 2%.

Cost-of-living increases, pension worries, boredom and record vacancies fuel the surge

The research also identified how long COVID is physically and mentally affecting this population