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UK Employment Outlook Triples within 2 Months

3 mins
Circle Recruitment

By Circle Recruitment

Employers in the UK have ambitious plans to increase headcount at a record rate in the third quarter of 2022, according to the latest ManpowerGroup Employment Outlook Survey.

Businesses are aggressively recruiting following the pandemic, yet struggling to fill vacancies.  The national outlook has reached an all time high of a +35% - a 22 percentage point increase compared to Q3 2021.

Firms in the banking, finance, insurance and property sectors lead the way, with hiring intentions of +49%, jumping 14 percentage points since last quarter.  Businesses in IT and Technology remain committed to their recruitment efforts, increasing seven percentage points to +49% in the next three months.

The survey is based on responses from 2,030 UK employers and asks if they intend to hire additional workers, maintain current headcount, or reduce the size of their workforce in the coming quarter (July to September 2022).

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