Recruitment Trends Report: Quarter 2 2019
The UK’s ‘economic inactivity rate’ is at a new record low, meaning that the number of people looking for work or not working, is at its lowest.
For many reasons, this is a reason to rejoice and suggests we are long past the doom of the 2009 recession. However, we can’t go much further than talking about the B-word – Brexit. In the climate surrounding Brexit and in a politically charged atmosphere, recruiters are being presented with the challenge of finding skilled talent that is becoming increasingly demanding.
Understanding the current situation and recruitment trends can enable recruiters to know their target market and improve their talent acquisition strategy. Previously, we analysed the performance of job adverts based on their description and length of job titles, with recommendations on when candidates are more active vs recruiters’ activity for a job posting. You can find more information about candidate behaviour analysis in our Annual and Quarter 1 reports.
In this quarterly report, we look at the costs affecting recruitment agencies and how the uncertainty surrounding Brexit is impacting certain industries over others.
Using data from our job distribution tool, WaveTrackR, we analyse the trend of applications, with a focus on Cost per Application and how this could affect recruitment agencies within specific industries.
What you can find on the report:
- Job Posting and Applications Trend;
- Quarter Comparison;
- Average Applications by Industry;
- Average Cost per Application.