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Businesses held back by struggle to recruit staff

Employers are still struggling with labour shortages and would need the entire population of Birmingham twice over to fill every vacancy, according to the latest snapshot of Britain’s labour market.

Employers ran active job advertisements for 2.25 million jobs in the week to July 9 – 53 per cent more than in the equivalent period in 2022, according to the latest data from the Recruitment and Employment Confederation.

They placed 193,000 new job ad postings that week, which was 9 per cent higher than a year earlier. Firms were also leaving job ads open for longer than normal because of difficulties in finding people, the REC said.

The findings suggest employers are in relatively confident mood about future demand, but prompt concerns that the shortages

© Times Media Limited 2023.

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