Employers have been warned they will have to work “even harder” to attract talent as official figures show unemployment continues to fall.
The latest labour market overview from the Office for National Statistics has shown that unemployment fell to 4.1 per cent between October and December 2021, down 0.2 percentage points on the previous quarter, while the employment rate rose 0.1 percentage points to 75.5 per cent.
At the same time, vacancies rose to another new record of 1,298,400 in the period November 2021 to January 2022, albeit the rate of growth continued to slow. The number of vacancies were up 513,700 from pre-coronavirus levels in January to March 2020.
For more information on the latest employment statistics, please contact Jenny Gray – jennyg@juicerecruitment.com.