Mantra Learning News

12 Aug 21

North's recruitment boom continues but momentum fades amid shrinking staff supply.

North's recruitment boom continues but momentum fades amid shrinking staff supply.

The recruitment boom in the North is continuing - but its momentum is fading amid a shrinking supply of staff, the region's latest jobs report has shown.

With the decline of both permanent and temporary staff availability and such high demand in the jobs market for people with certain skills, we are seeing salary inflation as organisations compete for staff.

Warren Middleton, office senior partner for KPMG in Manchester reports:

"It is clear some businesses are struggling to meet demand as we see a crunch point between staff having to self-isolate and low staff availability in the jobs market.

"Businesses must look at upskilling or reskilling potential candidates and if you are out of work, Iā€™d encourage you to look at what skills are in short supply and consider changing sector.ā€

Job vacancies continued to soar, with growth rates in permanent and temp staff demand hitting fresh survey peaks. As a result, starting salaries and temp rates of pay rose considerably, with the former increasing at the quickest pace on record.

Kate Shoesmith, deputy chief executive of the REC reports:

"it is a good time to be a looking for a new job".

"Employers are desperate to find good candidates for the many jobs on offer and this is reflected in starting salaries rising at the sharpest rate since the survey began in 1997. This will likely motivate more people to be on the lookout for new opportunities.ā€

Increase your chances of employment by signing up to our range of Fully Funded courses which aim to upskill and increase chances of employment. Discover more HERE.

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