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BCC: BUSINESSES FACING PERILOUS HIRING CRUNCH

Although payroll employment continues to rise and the unemployment rate is falling, the headline figures reflect several distorting factors, including rising economic inactivity.

Record Recruitment Difficulties Adding To Firms' Woes - Quarterly Recruitment Outlook

It is now harder than ever for businesses to fill job vacancies and there are no signs of improvement. In an increasingly tight labour market, competition for skills is ramping up wage costs, leaving many firms unable to recruit the people they need.

BCC: Record vacancies highlight the historic hiring crunch facing firms

Commenting on the ONS Labour Market statistics for April 2022, BCC Head of Economics, Suren Thiru, said:

BCC RESPONDS TO LATEST ONS LABOUR MARKET FIGURES

Rising payroll employment and declining unemployment suggests that demand for workers remains robust despite growing headwinds.

BCC: Businesses face critical hiring crisis

The increase in payroll employment in January suggests that Omicron had little effect on the UK labour market as demand for workers remained robust. While it is encouraging that payroll employment is rising and unemployment continues to fall, the strong headline figures masks significant underlying challenges.

National Apprenticeship Week: Levelling-up through fantastic career opportunities

The British Chambers of Commerce (BCC) has teamed up with the Institute for Apprenticeships and Technical Education (the Institute) to spread the word about life-changing apprenticeship opportunities.

BCC  WELCOMES PUSH TO GET MORE INTO WORK

Connecting job-ready people to vacancies is a welcome move. Our research shows that four out of five firms are struggling to find staff to fill jobs across a wide range of sectors and skill levels.

Record High in Firms Reporting Difficulty Finding Staff - Quarterly Recruitment Outlook

New figures released today by the British Chambers of Commerce saw the proportion of firms struggling to recruit staff reach new record levels.

BCC reacts to December’s ONS Labour Market Data

Rising payroll employment and falling unemployment confirm that the UK jobs market has continued to rebound strongly despite a slowing recovery and the end of furlough. Record vacancies underscore the severe recruitment crunch facing businesses.

BCC WELCOMES NEW HYBRID WORKING GUIDANCE

“This  new guidance will help all employers to confidently implement and roll-out hybrid working in a way that is fair and accessible to their workforce."