HR jobs market ‘in decline’

-

HR continues to be hitThe HR sector continues to be hit by the economic downturn, with the number of job vacancies in the profession at the second-lowest level for over a year, according to a new report.

Monster’s Employment Index for May remained static at 56, the same level as April – which is just above the lowest level in the past 13 months of 52 in January 2009. Back in May 2008, the HR index was at 188.

In terms of the overall job sector, online hiring fell by eight per cent in the north of England, which represented the biggest regional downturn.

Monster attributed this decline to reduced demand in engineering, research and development and telecommunications.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

It added that there were also “steep declines” in Scotland and the south-east, as both regions recorded a five per cent drop.

However, in the Recruitment and Employment Confederation and KPMG Report on Jobs, a stable or increased demand for temporary staff was noted by 60 per cent of recruiters in May – indicating the temporary jobs market is picking up.

rpopagebanner

Latest news

Half of grieving workers handle ‘death admin’ during work hours, study finds

Many bereaved employees are managing probate, pensions and financial paperwork during working hours, with four in five saying it affects their ability to work.

Businesses turn to freelancers as cost of permanent staff rises

More UK businesses are reducing permanent recruitment and increasing their use of freelancers and contractors, new research suggests.

Habits for health: small changes that lead to bigger gains

From walking meetings to better sleep routines, simple habits can improve health, wellbeing and performance across the workplace.

Jeanette Wheeler: The business case for purpose-led leadership

Public scrutiny on businesses and societal expectations are putting pressure on leaders to demonstrate that purpose runs deeper than profit.
- Advertisement -

Britain’s biggest retailers cut 18,000 jobs as employment costs rise

Rising wage bills and tax costs are prompting retailers to rethink hiring as they seek savings across their operations.

Georges Elhedery on AI and job losses

“We all know generative AI will destroy certain jobs and will create new jobs.”

Must read

Ian Davidson: Why I like reward porn – the world of big numbers

Introduction I admit it, I am addicted to the world...

Adam Maskatiya: Is GDPR a new secret weapon for HR in the data privacy wars?

The General Data Protection Regulation (GDPR) is the most significant change to data protection laws in nearly 20 years.
- Advertisement -

You might also likeRELATED
Recommended to you