As the UK economy adjusts to a new equilibrium as a result of the change in Government, there have been positive signs of a rebounding in recruitment. Nonetheless, it is worth mentioning that a fair amount of the July hiring was due to vacancies being deferred from earlier in spring, as companies waited on the result of the election. Once the Labour Party was confirmed as having won, companies removed the hiring freeze and moved ahead with the vacancies they had planned for.

Equally what is interesting, is that corporate recruiter vacancies operate to a slightly different paradigm, as they are typically reflecting the mid term plans of the company. Put another way, if a company is planning on significantly scaling up an operational team, first it scales up its internal recruitment team. With this in mind, what is interesting is that across all sectors, corporate recruiter vacancies have increased compared to last month, and have hit record levels for the year so far.

Looking at the various changes by industry, what becomes apparent is the surge in healthcare services. In fact nearly 25% of all corporate recruiter vacancies have been in the sector in the past month. This is compared to 12% of the annualized total being for healthcare services. What has the Labour party done since they have come to power which has led to a recruitment surge in Healthcare services?

Similarly, Retailers have also had an uptick in hiring for corporate recruiters. Could this could be linked to the economic performance of the UK meaning businesses are becoming more confident in consumer spending? Equally, the industry is notoriously cyclical, so perhaps this is just businesses getting their recruitment teams in place so they can hire the people needed over the festive period. By region, the biggest change has been in London, which will be welcome news for recruiters in particular, across the south. Looking at the 12 month totals, 37% of the recruitment vacancies had been in the capital, whereas in the last month, that had risen to 42%.

If you would like to find out more about your region, or the sector you are focused on, why not book a workshop with us, free of charge? We can analyse your market, to identify which areas are performing best, so heading into autumn, your focus is on the part of the market with the greatest opportunity.

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