Update on the labour market

Employer confidence has stabilised, according to a poll of 200 employers taking part in the Jobs Outlook survey. 41% of employers surveyed expected skills shortages for permanent roles, with engineering & technology, construction, and health & social care highlighted as key areas with candidate shortages. The survey also found that 25% of employers intend to hire more permanent staff in the medium term, with 34% saying that they have no spare capacity to take on more work without hiring more staff.