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25 Aug

‘Brexit mustn’t break UK jobs machine’ – REC

Responding to today’s announcement that the UK has voted to leave the European Union, Recruitment & Employment Confederation Chief Executive Kevin Green says: “The vote to leave the EU is likely to usher in a challenging period for British business and for the UK labour market in particular. Our data has shown a slowdown in hiring as we approached the Referendum. We expect to see this period of uncertainty continue. “Nothing will change overnight. There will be a prolonged period of renegotiation and readjustment. During this time government needs to do everything possible to help businesses to grow and create jobs. “That involves outlining...

25 Aug

Before referendum jobs market remained strong, but skills shortages spell trouble ahead

The JobsOutlook survey from the Recruitment & Employment Confederation (REC) shows that before the referendum, 45 per cent believed economic conditions to be ‘getting better’, against 21 per cent who believed conditions were deteriorating. The survey of 600 employers also finds two thirds adopting what could be a ‘wait-and-see’ attitude to hiring, with one in five (21 per cent) planning to hire but three times as many (66 per cent) intending to keep their permanent employee headcount static over the short term (next three months). Eight in ten UK businesses (79 per cent) report operating with either ‘little’ or ‘no’ capacity to take on...