The latest data from the Office for National Statistics shows a positive employment outlook.
The latest figures show that UK unemployment dipped to 3.8%, while the estimated employment rate remained at a record 76.1% during the quarter of April to July 2019. The figures also show earnings excluding bonuses grew at an annual pace of 3.8% in the April to July period, down slightly from the previous reading. Including bonuses, wages rose at an annual pace of 4% – a record rate since the summer of 2008.
Economic uncertainty creates concerns for employers
The number of new jobs being created in the UK has slowed substantially; just 31,000 over the past quarter. Whilst there are still approximately 812,000 jobs available, the total number of vacancies has been falling steadily since January as employers worry about the economic outlook and uncertainty of BREXIT.
“The key to recruitment during uncertain times is to locate a recruitment partner who is committed to understanding your recruitment process outsourcing needs in-depth and has the expert knowledge to convert this into sound business advice.”
Comments Helen Younger, Operations Director.
Composing your confidence in the recruitment process
At Orbital Recruitment, we’ve invested heavily in our workforce, which is also an investment in our clients. We no longer consider ourselves ‘recruiters’, our role is much more than that to the many of the business we operate with. We’re business advisors, an extension of the team, a network of support ready to help solve resourcing needs.
“We support the employer and candidate for the long term by offering superior recruitment support. It starts with the correct recruitment solution being realised; a solution unique to their business needs – there is no one size fits all at Orbital. Within that comes locating the perfect candidates, candidates that we help to excel, through our Orbital Progression platform. Finally, we nurture that solution ensuring the client, candidate relationship flourishes. It’s how we gain and retain client confidence.”
Adds Helen Younger, Operations Director.