Boxer Anthony Crolla is a Manchester legend. Billed as the city’s answer to the Rocky story, the label was hard-earned for the young boxer, who made his professional debut back in 2006 on the undercard of Joe Calzaghe v Sakio Bika at the Manchester Arena, a venue that...
Reports & guides | Talent Solutions
Labour trends report: Where has all the talent gone?
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For the first time since records began vacancies in the UK are outstripping the number of people seeking work.
Vacancies reached 1.3 million in February-April 2022, 499,000 more than pre-pandemic levels. Labour shortages are becoming a persistent feature of the market and the expected post-pandemic rush back into the office hasn’t happened. Competition for talent is fierce at the moment as employers face new challenges including:
- rising economic inactivity
- inflation
- candidate expectations of their employers
In this labour trends report, we look at some of the causes of this tight labour market,
discuss the impact on businesses and employees, and consider what employers can do to attract talent in this challenging climate.