Response to ONS labour market figures, August 2021

This morning the ONS published its latest labour market figures, showing vacancy levels at an all-time high. In response, Neil Carberry, Chief Executive of the REC, said:

"The robust jobs recovery suggested by business surveys is confirmed by today’s figures, and that is great news. But record vacancy numbers once again emphasise the risk posed by labour shortages in many key sectors. The number of vacancies is now at an all-time high and is still rising, with employers desperate to hire new staff as the economy recovers. The increase in temporary workers again emphasises the vital role this type of engagement plays in helping firms stay productive when skills are scarce.

"These shortages are a long-term issue that pre-dates the pandemic and businesses need to realise that they are not simply going to fade away. Employers will have to improve workforce planning, invest in skills and improve their offer to candidates if they want to hire. Many are already doing this, acting on the expert advice of recruiters. But they will also need help from government to solve this issue. That means an effective, long-term plan on skills and training, and an immigration system that has the flexibility to meet employers' needs."

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