Report: Labour Market Outlook Spring 2017
The quarterly Chartered Institute of Personnel and Development Labour Market Outlook, produced in partnership with The Adecco Group, highlights employers' recruitment, redundancy and pay intentions.
- Just over half of surveyed employers that have vacancies report they are having difficulty filling them.
- Wage growth is projected to remain very subdued in the year ahead. Median basic pay expectations have fallen to 1% compared with 1.5% three months ago, which represents a three-and-a-half-year low.
- As the most recent official labour data shows, real wages actually fell for the first time in February since 2014 because of sharp slowing in earnings growth and rising inflation in recent months.
The survey is based on responses from 1,060 employers.