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Posted around 8 months ago •
The UK's labour market: strength or strain?
This year's long-awaited CBI/Pertemps Employment Trends Survey looks back at the UK's labour market in 2023 while looking forward to what the future may bring.
More than two years on, vacancies have not returned to pre-pandemic levels and remain closer to a million putting a considerable strain on businesses. Labour shortages are now a long-term issue for UK economy and are exacerbated by the stagnation of the UK's labour market size.
With the current economic turbulence, firms are thinking more about jobs, pay and the impact of the labour shortages. With fewer than half of businesses expect to grow their workforce in the next 12 months, down from 57% in 2021.
This year's long-awaited CBI/Pertemps Employment Trends Survey looks back at the UK's labour market in 2021 while looking forward to what the future might bring in the coming year.
This year's long-awaited CBI/Pertemps Employment Trends Survey looks back at the UK's labour market in 2020 while looking forward to what the future might bring in the coming year.