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The UK's unexpected job crisis

14 September 2021 Candidate Blogs / Client Blogs / News
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During the pandemic the market was such that redundancies and furloughing were high, resulting in fewer jobs and more people unemployed. As the grasps of the pandemic slowly lifted, expectations were that market conditions would return to normal. But to the suprise of many, the situation flipped and we are now experiencing a skills shortage in the UK. 

Job vacancies in Britain are roughly 20 percent higher than before the pandemic. Employers are on the search for people to fill their open positions, and there are still many seeking work, but the jobs don't align with what people are prepared for or want to do. 

The current market conditions were explored further in an article by the New York Times, in which Morgan Hunt's Managing Director, Dan Taylor, provided comment on the situation. When asked about the company's experience as a recruitment agency, he said "This has been a very quick bounce. In six months we went from struggling to find jobs for candidates who are registered with us to a situation where we just can’t find the specific skilled and experienced staff we need". 

Dan Taylor Managing Director of Morgan Hunt

Image from The New York Times. Photographed by Tom Jamieson for The New York Times. 

One example of the difficulties faced by employers is when Morgan Hunt was helping a public housing association hire a senior fire officer. Two people were ready to accept the job, until a department store offered higher pay, causing the candidates to pull out from the senior fire officer position. 

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