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 rise for third consecutive month
Applications have risen for the third month in a row and, at 137% above the 2020 average, are now higher than the previous record set in October. They have grown fairly steadily since the second week of February but dipped in the final week of March and, encouragingly, have grown at less of a rate than jobs.
Jobs soar to record heights
Following a slight dip in jobs in February, March was an extraordinary month for job postings. At 179% above the 2020 average, jobs grew by more than 50% from the previous month. There has been a steady upwards trajectory from the second week of February, culminating in a steep climb in the final week of March, which recorded figures of 196% over the 2020 average.
Bank of England upgrades UK economic outlook
Following the successful roll-out of the vaccination programme, rapidly falling cases, a stronger than expected January GDP report and planned lockdown easing, the Bank of England stated that its short-term growth forecast would need revising to a higher rate. The governor predicted that the economy will have returned to pre-pandemic levels by the end of the year.
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.
What the recruitment world has learnt from 2020
2020 will go down in history as one of the most challenging, tumultuous years since World War II. Covid-19 has impacted the world in ways which will have long-lasting effects in many areas of our lives – both personally and professionally.