The UK job market has seen a positive sign of growth in the lead up to Christmas according to recruitment software provider, Recruitive.
Figures from the Staffordshire based company show that the UK job market has seen a growth of 3.9% during the month of November when comparing data with November 2015. Managing Director at Recruitive,
Richard Clarke comments;
“The increase confirms that UK companies are experiencing a period of growth which is great news and suggests that despite there being uncertainty as a result of various economic factors in 2016, UK businesses are determined to thrive.”
Whilst jobs were on the up during this period, application rates dropped by 2.4% when comparing data to 2015 and while this might be perceived negatively, it’s actually the norm for this time of year.
Richard continues:
“It’s great to see the UK has experienced an employment opportunity growth during the month of November. This suggests that businesses are confident of a busy time during the run up to Christmas. It is not a surprise that job applications are down and this is very common at this time of year as people tend to hold out for new opportunities in the New Year, it’s also very reflective of the candidate driven market conditions we face with the UKs continuing low unemployment rates.”
Richard continues:
“We further expect a rise in applications for January 2017 and this is already leading to an increase in the number of companies already preparing for the increasing administration work involved within the candidate management process. Our software is helping a number of the UK’s leading employers to reduce the manual process by as much as 60%, saving them both time and money. We also understand market fluctuations have significant experience in supporting companies to maximise candidate recruitment opportunities and our software is best of class in supporting these trends”
Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.
