As the Coronavirus Job Retention Scheme (CJRS) – which was created by the UK Government and announced by Chancellor Rishi Sunak earlier this year to stave off mass redundancies due to the pandemic – shifts and winds down its central operations, many major employers such as Rolls-Royce, British Airways, OVO Energy and Travis Perkins have announced that job cuts have become a necessity.
As a result, the recruitment market, which was until recently heavily candidate-led, has transformed. In fact, the latest data from jobs board CV-Library has revealed that competition for current roles has intensified to the point at which applications are up across the board by an average of 32%.
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