Recruitment and hiring insights: September 2024

After a stagnant few months in the market over the summer, we have seen growth across the employment sector in September! 

After two consecutive months of declining job availability over the summer, there has been a 9% increase in regional role availability, a trend we expect will continue until December and the seasonal festivities impact hiring. 

Applications per role has also seen signs of recovery. While applications per role are lower compared to this time last year, this has had a huge increase compared to the summer months and the increasing confidence in the economic market. 

These macro-economic trends have a huge impact in the confidence of both businesses and candidates and whether they want to hire or move roles. As confidence grows, we often find more candidates are willing to move positions to advance their careers and open up the job market. 

What we are seeing is that it is much more challenging for candidates to know where to apply for roles. As there are so many websites available to place their CVs and find roles, such as Indeed, LinkedIn, Total Jobs, Reed, Jungle (formerly Otta), there is a wide distribution (and repetion) of adverts. This combined with the 'open to work' status' means more candidates are waiting for recruiters to contact them with available roles that match their skills compared to actively searching for positions. It's an interesting shift in the market and one we are keeping a close eye on. 

In the wider market, we expect the Employment Rights Bill to be announced soon so we will be sure to post the highlights and need to knows on our blog. 

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