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Latest News

Budget cuts send national press job ads into nosedive

by Personnel Today 7 Dec 2001
by Personnel Today 7 Dec 2001

Job advertising in the national
press is plummeting as employers cut their recruitment budgets.

A survey by the Recruitment and
Employment Confederation released yesterday shows that the volume of private
sector press advertising shrank in October to less than half of the level
it
was at
a year ago. It
is falling at the fastest rate for at least 19 years.

In the public sector, job
advertising was only down 6 per cent on the previous year, with teachers and
nurses in short supply.

Demand fell most sharply for permanent
staff in IT. It also shrank in engineering, construction, hotels and catering.

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Despite staff availability rising at
its fastest rate since 1997, skills shortages remain, particularly among
secretaries, chefs, accountant
s and receptionists.

The
research is based on the performance of 400 recruitment consultants.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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