The REC's Economic and Social Impact Study of the Recruitment Industry
In order to better understand the value created by the recruitment industry, the REC commissioned independent consultancy Public First to measure the industry’s economic and social impact. Using a combination of new modelling, research and extensive polling of workers and businesses, they sought to better understand the impact of good recruitment.
The industry directly employs 119,000 people and helps over a million other workers find a job each year in companies across the UK. Covid-19 has had a significant short-term impact on all of us - but the wider changes in flexible work and diversity look only to increase the importance of good recruitment in the future. Our study shines a light on three core themes:
Recruitment is a major driver of UK productivity
Giving workers new opportunities and supporting a more inclusive labour market
The recruitment industry can help accelerate the recovery.
Click here for a copy of the full report.