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📊 UK Job Market Update: September 2024 Insights 📊 The latest Labour Market Tracker from the Recruitment & Employment Confederation (REC) reveals a cautious hiring landscape: 🔹 September saw a continued moderation in the job market 🔹 Recruiters are in a holding pattern, awaiting clear economic signals 🔹 Employers are hesitant to commit to significant hiring initiatives What does this mean for professionals and businesses? 👥 For Job Seekers:  - Focus on upskilling and networking - Be prepared for a competitive market - Consider temporary or contract roles as stepping stones 🏢 For Employers: - Use this time to refine your talent acquisition strategy - Invest in retention and development of current staff - Stay agile and ready to act when market conditions improve 💼 For Recruiters: - Strengthen relationships with both clients and candidates - Offer value-added services like market insights and career coaching - Prepare for a potential uptick in hiring as economic clarity emerges What's your take on the current job market? Are you seeing similar trends in your industry? Share your thoughts below! #JobMarketTrends #UKEmployment #RecruitmentInsights #CareerDevelopment #EconomicOutlook

With unemployment at 4.1% and 388,800 job vacancies across Australia, understanding your true market value has never been more crucial. Market intelligence is your key to maximising career opportunities. By accessing validated salary data, industry forecasts, and workplace trends, you'll be equipped with the insights needed to negotiate effectively and make strategic career decisions. Participate via the comments section!  #SalaryIntelligence #CareerStrategy #MarketData #RecruitmentTrends #SalaryBenchmarking #WorkplaceInsights Corrina Mckinnel  Ashleigh Ruttledge  Sajith Hewagama  Anna Drillsma  Brad Sargent

The 2024 Employ Job Seeker Nation Report is here!! 🎉 79% of American workers are either very satisfied or somewhat satisfied in their current roles. However, 86% are at least somewhat open to other job opportunities, including 46% who are very open. Understanding job seekers' mindsets, motivations, and behavior is critical for employers today to connect with candidates more effectively and stay competitive in a tight labor market❗ Read the breakdown: Get the full report here: https://buff.ly/3UupSWc

Public sector jobs on the rise? 📈  Job seekers are drawn to public sector roles for stability and flexibility - especially in today's uncertain economy.  Could this be a game-changer for the job market? Should private companies be concerned?  Dive into the latest insights in CV-Library's new report: https://lnkd.in/eaPV8QXC  #HiringTrends #PublicSector #JobMarket #CVLibrary #FutureOfWork 

"The Market is SLOW!" 🤔 The above statement is something i'm hearing a lot at the moment and has continued since 2023, where the number of job vacancies in the UK fell by 17.5% from 2022 - this was significantly higher than Germany with a decline of 9.7% and the US, which fell by 6.6% and France with a decline of 2.5%. Although, we're seeing less jobs on the market, there is still plenty of opportunities for those looking to make a move! You should not remain in a job you hate because of the worry of finding something else. Instead, I've been saying to candidates to speak to recruiters and find a handful they believe in and trust, and work closely with them to find something you truly love. On a personal note, I had a dramatic decrease in roles between December to Feb, but since then, I've had new and existing clients reach out to me about some truely great opportunities. If you or someone you know are looking to make a move, then please feel free to reach out 🙂 #jobs #currentmarket #makingamove

The July jobs report is out this morning and shows that hiring slowed to 114,000 jobs in July, the smallest gain since May 2021. The unemployment rate jumped to 4.3% from 4.1% in June, largely due to an increase in the number of people active in the job market. People who are employed or looking for work have risen over the past 12 months, and the jump in unemployment is likely a product of increased labor force participation. So, what do these numbers mean for employers and job seekers? The job market is stabilizing and leveling out. The number of jobs available still outnumbers the number of people looking for jobs, but employers are no longer scrambling to find workers. This translates into more candidates applying for the same jobs and a longer hiring timeline. Wage growth has also slowed, so workers are no longer seeing dramatic increases in compensation when they change jobs. In post covid recovery, we saw wages increase dramatically, and workers moved jobs to take advantage of these dramatic pay increases. Now that pay increases have stabilized, we see employees sticking with their current employment and no longer changing jobs as quickly. #employment #jobs #hiring #mypeopleperson

The UK job market is evolving, with the employment rate for February to April 2024 at 74.3%, slightly below last year's figures, while the unemployment rate has risen to 4.4% in the same period These shifts underscore the importance of strategic hiring and career planning. At Connect Executive Search Group, we're here to help you stay ahead of these trends. Whether you're a job seeker looking to navigate these changes or a business aiming to find top talent in a competitive landscape, our expertise ensures you're prepared for success. Curious about how these trends could impact your hiring strategy or career path? Let's connect and explore opportunities tailored to your goals and aspirations. #recuitment #recuiter #recruiting #JobMarket

Navigating the UK’s job market has become challenging as we have seen a consistent decline since May 2024. This has caused an influx of competition, which has been evident since May, when businesses were more determined than ever to secure top talent. Many factors have contributed to this. One very clear one is that the average duration of job postings has dropped to just 36.0 days. With the upcoming general election, there is hope that the new policies might enhance the job market. Now is the time to stay agile and prepared for the potential shifts in the employment landscape. #jobmarket #hiringtrends #UKemployment #Election2024 https://lnkd.in/eeRHzubT

The 2024 Employ Job Seeker Nation Report is here!! It was shocking to read that 79% of American workers are either very satisfied or somewhat satisfied in their current roles. However, 86% are at least somewhat open to other job opportunities, including 46% who are very open. Understanding job seekers' mindsets, motivations, and behavior is critical for employers today to connect with candidates more effectively and stay competitive in a tight labor market. Read their initial breakdown: https://buff.ly/4aczlHt Get the full report here: https://lnkd.in/gUfC3h2M

Exciting news for the UK job market! 📈 The latest report indicates that the employment outlook remains positive across all regions. This is fantastic news for job seekers and employers alike, highlighting continued growth and opportunities in various sectors. Let's keep the momentum going and drive forward with confidence! #UKjobs #EmploymentOutlook #PositiveGrowth 🌟 ManpowerGroup