The entry-level jobs market is stagnant with only public sector and charity employers planning to substantially increase vacancies this year according to the Pulse Survey 2020 carried out by the Institute of Student Employers (ISE).
This year is set to see real pay finally surpass its 2008 peak, but employment is at risk of falling from the record level it enjoyed throughout 2019, according to the latest Earnings Outlook published by independent think tank the Resolution Foundation.
Having interviewed a representative sample of 2101 employers in the UK, the ManpowerGroup’s Employment Outlook Survey for the first quarter 2020 (Q1) shows that they are reporting their weakest hiring confidence in seven years.
The labour market figures for November 2019, published by the Office for National Statistics (ONS), show that, while the employment rate fell slightly to 76%, both public and private sector employers expect staff numbers to increase in the final quarter (Q4).
According to a survey of 380 businesses that currently employ non-UK nationals, just over half (53%) would be adversely affected by proposals requiring all skilled migrant workers to earn a minimum annual salary of £30,000 once the UK leaves the EU.