Report: Labour Market Outlook: Autumn 2018
This quarterly report from the Chartered Institute of Personnel and Development (CIPD), produced in partnership with The Adecco Group UK & Ireland, provides an authoritative employment indicator in the UK and offers forward-looking labour market data and analysis on employers’ recruitment, redundancy and pay intentions.
- There is sustained high employment and demand for skills and labour. This however, is compounding the pressure on recruitment, with employers reporting greater difficulty in hiring.
- There has been a shock drop in the number of both EU and non-EU citizens in employment in the UK. The effect of this is leading to higher workloads for existing staff, problems meeting customer service objectives and loss of business and orders.
- The impact on productivity growth, along with uncertainty over Brexit, is having a braking effect on wage growth despite rises for new starters and key staff.
- In this context, employers need to carefully outline their workforce planning and high performance working plans. They should also address staff concerns about job security and keep them informed on Brexit developments.
The Labour Market Outlook for the last quarter of 2018 is based on survey responses from 1,002 employers across the UK.