Statistics

The IHS Markit/REC Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies.

The pension deficit of the UK’s top 350 companies has almost halved from £62bn to £35bn, and now accounts for just 17% of total profits compared to 70% 18 months ago, according to the latest report analysing the impact of DB pensions on UK business from Barnett Waddingham.

Commenting on the recommendations from the Business, Energy and Industrial Strategy Select Committee that organisations should be required to publish a narrative and action plan as part of normal reporting requirements, Claire McCartney, Diversity and Inclusion Adviser at the CIPD, the professional body for HR and people development, comments:

One in two businesses (50%) are set to grant staff pay rises of over 2% in the next year, according to a new survey by leading business organisation British Chambers of Commerce (BCC) and online recruitment company Indeed.

With a quarter of employees revealing that they’re made to follow gender specific rules

Original online job ads in June 2018 were up 22% year-on-year (YoY) - significantly higher than the 5% increase in official job ads... and surged in front-line roles for nurses (+90%), Doctors (+77%), Medical Consultants (+66%), Teaching Assistants (+94%) and Headteachers (+56%).

…With those in the North being most likely to believe they are

56% of UK workers regularly sneak in social media time at work despite restrictions

Commenting on the latest ONS Labour Market Statistics, Ian Brinkley, acting chief economist for the CIPD, the professional body for HR and people development, comments:

With a remarkable 29% increase in job seekers, month-on-month, the City saw a groundswell of optimism among professionals. “To have a non-January job-seeker spike like this demonstrates a return of extraordinary confidence in London’s financial services jobs market ”, said Hakan Enver, Managing Director, Morgan McKinley Financial Services.