It’s all over the national press: unemployment is at its lowest since 2005 according to the Office for National Statistics (ONS). That means 55,000 more people in work in the last three months, meaning a record 31.6 million are now employed. Earnings are also on the rise, an increase of 2.3% on last year (without bonuses).
Good news for employees, but what is the impact on small and mid-tier employers?
For most businesses, recruitment has been that bit easier since 2008, with more candidates than jobs, and a pick of the bunch for roles not in shortage professions.
That is rapidly changing: there is higher competition for good candidates, more roles available, and most employers need to consider how attractive they are to jobseekers, not the other way around.