An abrupt fall in flow of EU nationals into the UK has coincided with a drop in the quantity and suitability of job applicants being reported by employers, according to the latest quarterly Labour Market Outlook from the CIPD and The Adecco Group.
The survey of 2,001 employers found that the growth in labour supply is failing to keep pace with labour demand, exacerbated by a ‘supply shock’ of far fewer EU nationals coming into the UK. The respondents said that they received an average (median) of 20 applicants for the last ‘low-skilled’ vacancy they tried to fill, compared with 24 candidates in summer 2017 and 25 candidates in autumn 2015.
£5 a month for the first 3 months*
Join our growing community of forward thinking HR leaders and get unlimited access to the full archive, as well as exclusive reports, how-tos, deep dives, and video interviews.
One time use only. New customers only. Offer expires 11:59PM Sunday 2nd April 2023.