Studies show that recruitment activity grew in June 2021. Permanent placement growth hit a record, while the upturn in temporary assignments was among the fastest recorded.
The demand for workers gathered further momentum in June, with overall recruitment opportunities rising to the greatest extent in the last 24-year period. Demand for permanent staff hit a record, while temporary vacancies expanded at the fastest rate since December 1997.
High demand for candidates contributed to an unprecedented fall in the availability of applicants in June. Recruiters noted that increased hiring, Brexit, pandemic-related uncertainty, and the furlough scheme all weighed on candidate numbers.
Current market conditions have made candidate availability more challenging than in 2019 for a variety of reasons even though unemployment sits in a very different space than two years ago. We believe the candidate shortage is being influenced by the following factors in2021.
What does this mean for recruiting?
We have put together some advice on how to recruit effectively and to gain the best talent in this current climate:
To conclude, the current factors above have contributed to a candidate-driven marketplace. This means there is a shortage of available candidates, if you want the best talent you will need to move quickly and ensure you are offering the best package in order to be competitive.