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British Talent Attraction Index

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FOREWORD<br />

This report from Emsi is a really insightful contribution to understanding what’s going on in<br />

the labour market in Britain. On one level we know that the jobs market is performing incredibly<br />

well and very favourably against international bench marks. We have record employment,<br />

with more than 32.7 million people employed in the period November 2018 – January 2019.<br />

Unemployment at its lowest since 1975, with the percentage of those out of work dipping below<br />

4% for the first time in 44 years – well below the EU average of 6.5%. And more vacancies than<br />

at any time in 20 years. 1<br />

However, these conditions are creating a very tight labour<br />

market with some claiming we are at full employment. What<br />

is certain, is that employers are struggling to fill the roles they<br />

currently have available, with shortages in labour, skill and<br />

talent all at play at the same time.<br />

This means that businesses are having to enhance their<br />

employee proposition, increase pay and invest in training their<br />

staff to cope with this challenging situation. And with the<br />

reduction in immigration over the next few years as a result of<br />

Brexit, it is a situation that is likely to become even more acute.<br />

The overriding value of this report is that it uniquely looks at<br />

what’s happening in local labour markets. For the first time,<br />

employers, recruiters and policy makers can see where jobs<br />

growth is occurring and in what sectors. This will enable those<br />

responsible for employment and job creation to think about<br />

where they can find the skills for the roles they have available.<br />

It will also allow those setting up new enterprises or seeking<br />

new locations for their business to think about the sorts of<br />

things that are crucial in deciding where they should establish<br />

themselves to take advantage of local labour supply.<br />

This report is timely, important and very much required. It also<br />

demonstrates Emsi’s capabilities as as a leading provider of<br />

Labour Market Insight.<br />

I hope you enjoy reading it and using the content.<br />

Kevin Green<br />

Founder and CEO<br />

What’s Next Consultancy<br />

(Ex CEO of Recruitment and Employment Confederation)<br />

1<br />

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/<br />

employmentandemployeetypes/bulletins/uklabourmarket/march2019<br />

BRITISH TALENT ATTRACTION INDEX 3

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