UNEMPLOYMENT FALLS
“The fact that unemployment has fallen yet again is further proof of the job market’s resilience in the face of change.
“Our most recent Totaljobs Employment Index also testified to the strength of the job market, with applications up 14% over the last three months (November 2016 – January 2017) compared to the three months immediately prior (August – October 2016). Moreover, the number of jobs available are up 10% over the last three months (November 2016 – January 2017) compared to the same period twelve months ago (November 2015 – January 2016).
“Employers can take real confidence from the consistency of employment figures, with month-on-month improvements suggesting exponential growth in the job market. This, despite the continued uncertainty surrounding Brexit negotiations.
“In light of this positivity, we would urge employers to continue to make the hires they feel are needed for their business to grow. There is a real wealth of talent out there and it falls to employers to use it to the fullest.”