Inundated companies set bar higher for job seekers
The labour market has become a "battleground" for job seekers, with 45 applicants chasing every low-skilled job and 29 candidates fighting for higher-skilled posts, according to new figures.
The Chartered Institute of Personnel and Development's latest Labour Market Outlook report also warns that 14 per cent of companies won't employ school-leavers and 11 per cent quickly rule out the long-term unemployed.
However, the CIPD also found that the net employment balance – which measures the difference between the proportion of employers who expect to increase staffing levels and those who intend to reduce staffing levels – has increased to +9 from +5 for the previous quarter. That means a fifth consecutive quarter of projected growth, with the expected increases in employment levels over the next three months coming from manufacturing, IT and consultancy services.
"Signs of increasing buoyancy in private sector job prospects is encouraging," Gerwyn Davies, CIPD Labour Market Adviser, said. "However, the labour market at present is a battleground for job seekers, particularly those with fewer skills or qualifications. There's a danger there will be even more applicants per vacancy in the future. Em-ployers can feel overwhelmed by such a high volume of applicants and tend to set a higher bar for their needs."
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
- 3 Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 5 AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
UK weather: Warning for more snow and ice as freezing temperatures and gales hit Britain
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Millions of Britons struggling to feed themselves and facing malnourishment
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...