Labour Crisis and Skills Shortages
There has been much noise in the media over the past few months regarding labour crisis and skills shortages, but what is the real state of affairs?
According to the Recruitment and Employment Confederation (REC), perm placements and temp bookings continue to rise but the trend of tight candidate availability continues.
We delve deeper into demand for staff by sector here. Around 41% of the REC’s Report on Jobs panellists reported lower availability of staff availability versus 9% noting an improvement. The Midlands have registered the steepest reduction in permanent candidate and temporary/contract staff availability. Skills shortages and staff availability were evident in a range of occupations, please see here for more details.
Some media is sighting the skills and labour shortage as a 'crisis' and the 'biggest brake on economic growth'. Read the Construction Enquirer story here.
Even some of the most attractive employer brands are struggling to fill jobs due to skills shortages, read Recruitment Grapevine's story here.
According to the Construction Enquirer, 1 in 4 Contractors are even turning down work due to the inability to recruit skilled labour. Read the story here.