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Cathedral Appointments Job Report Summary July/August 2017

Cathedral Appointments Job Report Summary July/August 2017

Posted on August 29, 2017

Key Points from a survey conducted by the Recruitment Employment Confederation (REC) in July.

1.

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Employer confidence is dropping! More employers think economic conditions are worsening (31%) than improving (28%), while the net balance of confidence in hiring and investment decisions dropped to an all time low of 10%.

2.

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GfK's index of consumer confidence fell again to -12, equaling last year's post-referendum low of -12 in July 2016.

3.

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Construction and Health & Social Care are the top two job functions where employers expect to find a shortage of appropriate candidates for permanent roles.

4.

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Four in ten employers (40%) have absolutely no spare capacity within their organisation - up 6% points on the last rolling quarter and 5 points year on year.

5.

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Almost one in five employers (18%) pay temporary agency workers more than they would if they were permanent, compared to only 11% who pay them less.

6.

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Employer satisfaction with the quality of candidates presented to them by recruitment agencies has INCREASED from 67% to 73%.


Jobs outlook by employer size:

This chart demonstrates the net % of employers who are planning to INCREASE their permanent workforce in the foreseeable future, based on their size.

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What does this mean for the South West?

As we have 516,000 SMEs in the South West, this is extremely encouraging! 


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