REC responds to labour market statistics

Filed under Press release

Wednesday, 15 March 2017

 

Commenting on today’s publication of labour market statistics by the Office for National Statistics (ONS), which reports data for November 2016 - January 2017, Recruitment & Employment Confederation chief executive Kevin Green says: 

 

“The UK jobs market has broken records again, with the employment rate reaching 74.6 per cent. The number of people entering work has accelerated, with 92,000 more jobs created between November and January. Unemployment is at the lowest since the mid-seventies. 

 

“Despite pay growth slowing to 2.2 per cent, REC data shows that starting salaries have risen in the first quarter of 2017. Employers are boosting pay offers to compete for the limited talent available. 

 

“Whilst this is good news for individuals looking to move jobs, hirers are concerned about how they can sustain higher starting salaries – there’s only so much they can do to find people to fill jobs. 

 

“We urge the government to be mindful of the skills shortage during the upcoming Brexit negotiations. Securing the rights of EU workers in the UK should be the number one priority. Employers in healthcare, construction, and agriculture especially are heavily reliant on EU nationals - we must reassure these people about their future in the UK.”  

 

Ends 

 

Notes to editors:   

 

1. For more information, contact the REC Press Office on 0207 009 2157/2192 or pressoffice@rec.uk.com. An ISDN line is available for interviews on 0207 021 0584 

 

2. Full ONS data is available at: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/mar2017 

 

3. Jobs transform lives, which is why we are building the best recruitment industry in the world. As the professional body for recruitment we’re determined to make businesses more successful by helping them secure the people they need. We are absolutely passionate and totally committed in this pursuit for recruiters, employers, and the people they hire. Find out more about the Recruitment & Employment Confederation at www.rec.uk.com


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