As the job market begins to open up,
organizations may become susceptible to talent loss at a crucial time of recovery as lockdown measures are gradually eased
evidence suggests we could be seeing the first green shoots of recovery for the UK economy.
For example, we have seen a surge of interest in the housing market,
an increase in consumer spending now that non-essential shops are reopening,
as well as an uptick in the Purchasing Managers’ Index (PMI) which tracks prevailing economic trends in the manufacturing and service sectors.
Another sign of the UK’s recovery came from the Institute of Employment Studies (IES),
reporting that despite a complete crash in the jobs market in late April,
In recent weeks as employers begin looking to make new hires! this indicates that there are signs of recovery
According to James Don-Carolis, Managing Director at TrueCue,
although the increase in job vacancies is undoubtedly positive for the UK’s recovery,
it is something senior leaders and HR departments need to be wary of. As he explains:
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