Hiring boom fading but three-quarters of UK firms still struggle to find staff
The Guardian says Three-quarters of UK firms are still struggling to recruit staff, research has found, but the post-pandemic “jobs boom” appears to be in decline, with hiring intentions continuing to fall last month.
A survey by the British Chambers of Commerce found that 73% of the almost 5,000 companies it polled had faced hiring difficulties in the July to September quarter – a nine percentage point drop from the record high of 82% in the final three months of 2022.
The hospitality sector continues to suffer the most from recruitment difficulties, with 79% experiencing problems, the BCC said, followed by construction and manufacturing (both on 78%).
However, there are signs that this tightness in the labour market is starting to ease, with separate research from the advisory group BDO showing that hiring intentions fell again in September.