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10 months ago by The REC

The REC's Economic and Social Impact Study of the Recruitment Industry

Computer on Desk

​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.