British Talent Attraction Index
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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