Demand for workers rebounded in January after a lull in the labour market at the end of 2023, according to the latest Recruitment & Employment Confederation (REC) and Lightcast Labour Market Tracker. There were more than 870,000 new job postings in January 2024, meaning there are more than 1.8 million active job postings in the UK. REC Deputy Chief Executive Kate Shoesmith said: “We have started 2024 with a slight bounce back in demand for workers in some white collar and blue-collar jobs, after a subdued finish to 2023. This calming is only to be expected after the red-hot labour market as we came out of the pandemic, and activity today remains relatively high by comparison to the pre-pandemic period in some sectors. Businesses tell us they are not feeling sure-footed enough to jump into the kind of investing and hiring they want and need to do, to meet their growth ambitions, because the UK economy has been essentially stuck in one place for 18 months.” Click here for more.
