55% of UK Businesses suffering Skills Shortage
Research finds that most companies are suffering a skills shortage.
With the national unemployment rate at 5.1%, its lowest level since May 2008, the recruitment industry is seeing a shift in candidate supply and demand with the significant majority (68%) of employers saying it is now more candidate-led than in the last five years, and 55% saying that they are suffering a skills shortage.
The data, released today by Totaljobs, also reveals that 43% of jobseekers say that they have been more selective about the roles that they have taken over the last three years.
Steve Ricketts, Managing Director of Circle Group said: "It is clear, especially in skilled industries such as information technology, that candidates are in high demand and this can lead to challenges for those businesses looking to hire. It is important for businesses to assess the service offered to them by their recruitment suppliers.
Agencies should be assisting their clients by advising them on best methods of candidate attraction, and also staff retention. At Circle, we advertise more per head than any recruitment agency in Britain. We encourage any company struggling to hire, to speak to us about our services, most of which are completely free of charge until a candidate is hired, and make a decision whether they are doing all they can to remain competitive in the hiring market".