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Despite the cost-of-living crisis, salaries have dropped since Covid, with the initial uptick in economic activity in 2020 failing to line the pockets of UK staff.

Hiring levels across the South of England continue to grow with Q2 recruitment levels set to rise by 15.7% year-on-year despite vacancies in April dropping by 8.4% month-on-month. That’s according to recent research from APSCo.

Data indicates that professional interim vacancies in England and Wales have stagnated, with Q1 2022 experiencing a 0.2% quarter-on-quarter fall in London and the rest of the country seeing a decrease of nearly 9%. That’s according to recent research from APSCo.

While latest ONS figures show that vacancies grew in the first quarter of this year, more recent data indicates that job numbers are beginning to slow, with figures down 55% between March and April 2022.

With the UK continuing to struggle with talent shortages and the elusive Employment Bill yet to be revealed, APSCo has outlined the critical policy developments that are needed if the country is to build and sustain a global, flexible workforce.

The absence of the Employment Bill in the Queen’s Speech delivered by Prince Charles today suggests that the skills agenda is slipping down the Government’s priority list, according to APSCo.

The first quarter of 2022 ended with significant increases in white collar recruitment, with contract professionals in particularly high demand as skills shortages remain rife.

Trade body warns the need to prioritise the Employment Bill