June & July Industry News
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Here's a selection of hand-picked recruitment news from June & July?that particularly stand?out to us.
Topics cover the latest news from the Office For?National Statistics, the importance of staff training, current candidate availability, AI in recruitment, and more!
We hope you find this information useful - happy reading recruiters!
The unemployment rate for March to May 2023 increased by 0.2 percentage points on the quarter to 4.0%.
The increases in the employment and unemployment rates as well as the decrease in the inactivity rate during the latest quarter were attributed to men.?
MHR, the HR, payroll, and finance expert, has today released data highlighting the importance to, and focus on, workplace training, for UK companies amid a wealth of issues pertaining to recruitment and retention.
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"The latest KPMG &?REC, UK Report on Jobs survey?highlighted that lingering uncertainty over the economic outlook continued to weigh on hiring decisions at the end of the second quarter. Permanent placements fell solidly, while growth of temp billings remained mild overall."
The HR body’s analysis of how UK employers have adapted to the?points-based immigration system, in place since Jan?2021, shows that it works “adequately” for those hiring highly skilled workers, but it has not encouraged greater investment in local talent.
The impact of artificial intelligence?on the recruitment process in the UK?will be significant. This is according to new research from recruitment specialist?Totaljobs, which found that are already widespread expectations that employers need to invest more in AI and use it to increase productivity and performance in the workplace.
The publicly-funded NHS, which marked?it's 75th birthday this month?is facing an estimated workforce shortfall of 360,000 by 2037 due to an ageing population, a lack of domestically trained health workers, and difficulties retaining existing staff.