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U.K. Online Recruiting and Economic Outlook

Brought to you by Monster Intelligence
2008

Executive Summary
In order to better understand the labor market as a whole, Monster reviewed key economic data, online recruitment tendencies in the marketplace and survey data from 281 employers and 303 employees in the UK. Survey data provided insight into how these employers and employees perceive the current and future job market. Such an understanding of the labor market can enable hiring managers and human resources professionals to develop more efficient recruitment and retention strategies.

THE UK EMPLOYMENT MARKET
The UK job market has continued to improve. At the end of 2007, the unemployment rate in the UK was 5.2%, down 0.3% for the year. The number of unemployed people decreased by 86,000 over the year to reach 1.61 million; while the number of people in employment for the final quarter of 2007 was 29.4 million – the highest figure since comparable records began in 1971 and up 296,000 over the year.

View: The U.K. Online Recruitment and Economic Outlook report courtesy of Monster Intelligence.