Job Market Review: An Expert Opinion

By Anita Jaynes on December 12, 2016

We asked Trowbridge-based White Horse Employment for their take on the current state of the employment market, looking at how it’s faired in 2016 and what it’s looking like as we move into 2017.

By Beverley Glover, FIRP

The job market is an ever changing picture and 2016 has proved a year of change with over 550,000 jobs* being created during the last 12 months.

The beginning of the year saw record levels of vacancies in the UK, whilst following Brexit in June, a degree of uncertainty entered the market and employers exhibited a degree of caution – looking to temporary support rather than making the commitment of permanent employment.

Heading towards the end of the year, locally confidence seems to have slowly crept back, and recruitment’s happening. Skills shortages are prevalent across the UK, in many industry sectors and where the market remains competitive specialist roles are difficult to fill with a reported 56% of employers* not being able to find people to fill their vacancies.

White Horse Employment works closely with hirers to secure high calibre applicants for any roles it handles, and having operated in the recruitment market since 1988; is well placed to advise regarding changes to the local market sector. Our advice to employers looking to recruit is ensure that you have a clear offering, focusing not only on the salary package but the added benefits, plus opportunities for personal growth and development for successful applicants, reassuring them regarding “job security.” Skills shortages create an environment of counter offers and you need to be in a strong position to secure the best talent.

For more information on using benefits to attract and retain talent; see our Employer Blog: www.wh-employment.co.uk/blog/category/employer/.

In terms of jobseekers, they should ensure they are clear concerning the knowledge, skills and expertise they are offering, what benefits they can bring to any new role, and are confident they have fully explored the opportunity on offer to ensure it matches their aspirations. If you need to enhance your skills taking a temporary or contract role is a great option.

With the economy predicted to remain in growth; although at a slower pace into 2017; we can see positive moves in the future market.

*Source – Recruitment and Employment Confederation research

To find out more about White Horse Employment visit: www.wh-employment.co.uk