Against the backdrop of low unemployment and rising recruitment pressures, UK employers are increasing turning to young talent to fill their skills gaps, signalling the end of a broadly ‘bleak’ decade for young jobseekers and giving a boost to the thousands of young people who are entering the jobs market for the first time this summer.
This is according to the latest Labour Market Outlook from the CIPD, the professional body for HR and people development, which shows that the proportion of employers that say they plan to hire more apprentices and school-leavers has increased sharply in response to recruitment difficulties since spring 2014. Up-skilling for all employees remains the most prevalent employer response to recruitment difficulties, cited by half of employers 50%) but a third (33%) of employers currently reporting hard-to-fill vacancies plan to hire more apprentices, a marked increase compared with just 22% in the spring 2014 report. Around a quarter (26%) predict recruiting graduates and twelve per cent plan to hire more school leavers, up by a third compared with the spring 2014 report (9%).
The findings help explain the latest ONS data which shows that the employment rate for 16-24 year olds that aren’t in full-time education …Read More
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