Many employers have continued to look for new staff, despite the cost of living crisis this year. As of 9 December 2022, job postings in the UK were 50 per cent above the 1 February 2020 pre-pandemic baseline – a post-pandemic high.

This resilience to economic shock is particularly noticeable in the North East of England, which has seen the strongest growth in job postings. The region remains well above the national average at 92 per cent above the pre-pandemic baseline.

On the other hand, London has experienced the slowest growth in job postings. But, despite the 6 per cent decrease since the start of the year, London is still 28 per cent above its pre-pandemic baseline.
The Labour Market's Continuous Adaptability

Despite the UK's economy being one of the hardest hit by the pandemic, it has shown remarkable resilience and adaptability in its labour market.

In the three months to October 2022, the ratio of unemployed people to vacancies remained near-record low, at 1.0. This indicates a labour market that has been able to quickly and effectively adapt to the changing economic environment.
Pressure for Attracting and Retaining Talent

The UK labour market's adaptability has created significant pressure for employers, who must now go to greater lengths to attract and retain top talent. This is where reputable recruitment agencies such as Triumph Consultants Limited can help.

Recruiting new staff in the current climate is challenging, as employers must compete for the best talent with attractive remuneration packages and flexible working arrangements. Recruitment specialists are well-equipped to ensure companies can find the right person for the job.

About Triumph Consultants Limited

For over 20 years, Triumph Consultants Limited has been providing expert public sector recruitment and advisory services. Using a tailored approach, the company helps employers find suitable candidates for temporary, interim, contract and permanent positions.

Learn more about Triumph Consultants Limited and how they can help employers recruit the best talent for their organisation at https://www.tclrec.com.