Insights & Data
Coronavirus has changed how the world operates and it has shaken up the jobs market in unprecedented ways. As an independent source for recruitment data and insights we want to make sure you have access to updated information and advice.
Applications dip to expected end of year levels
Applications dipped by over 20% but remain 64% above the January-March 2020 average. A December dip is far from unusual in any circumstance, given the prevailing mood amongst jobseekers is to start afresh in January after Christmas. Indeed, the data for the final week of December moving into the first few days of January shows an uptick of application activity.
Jobs remain stable
Even as the year closed, jobs registered some of the best values of 2020. At 27% above the January-March average they are just 1% lower than the highest figures for the year. They fell in the final ten days of the month but given most businesses won’t be advertising vacancies over Christmas this is not unexpected.
Cautious return to economic growth
The UK economy returned to growth in December after a lockdown-hit November prompted a downturn. January’s third lockdown will clearly hurt this growth, further redundancies are inevitable and a double-dip recession is possible. However, the vaccine rollouts could maintain vital business confidence.
Insights & Resources
Articles, advice, resources and insights on the impact of Covid-19 on recruitment
What record low UK employment figures really mean for recruitment
Employment down, unemployment essentially unchanged. Those were the latest findings, released August 11th by the Office for National Statistics, in a nutshell. Except they don’t give the whole story.
The Impact of COVID-19 on Recruitment
Since the declaration of patient zero on our shores at the end of January, the global economy has been hit with wave after wave of falling stock markets, buckling supply chains and rising unemployment.
Top recruiter tips to surviving lockdown v2.0
When lockdown was announced on March 23rd, the nation was not prepared. It came suddenly and without much warning, the UK faced near-total shutdown. This time we are better prepared.