Businesses 'pull out all the stops' as employment hits record high

The number of people in employment has reached a record high as employers “pull out all the stops” to attract candidates.

The latest ONS figures show that total employment rose to 32.2 million in November, raising the employment rate to 75.3%. This is the joint highest rate recorded since comparable records began in the early 1970s.

Lee Biggins, Founder and Managing Director of CV-Library, said that the figures demonstrate that employers are fighting for the best candidates.

“Our Q4 job market report revealed that advertised salaries rose by 2.7% quarter-on-quarter and 1% year-on-year,” he said. “It’s clear that businesses across the nation are pulling out all the stops in a bid to rouse candidate appetite and stimulate growth in the economy.”