Businesses and consumers in the United Kingdom are grappling with a cost of living crisis spurred by high energy costs. A possible recession threatens to dramatically reduce standards of living. How can recruiters attract talented workers when those workers are facing bleak economic prospects?
Unfortunately, the cost of living crisis in the UK shows no sign of slowing; the inflation rate may reach 18% before price pressures ease. Consumers and businesses alike face a troubling winter ahead as they battle the fallout of an energy crisis. These challenges are primed to complicate recruiting further – and make managing costs more important than ever.
Watch the webinar during which Andrew Flowers, Appcast Labour Economist, will discuss the impacts on recruiting from energy costs and soaring inflation. A breakdown of the latest data will help recruiters prepare for the ongoing challenges in the UK economy.
You will gain an understanding of:
- The ongoing cost of living crisis in the UK
- Drivers of high energy prices, and the impacts they will have on recruiting
- Recession threats
- What to do when inflation impacts job seeker’s wage expectations
- How to best prepare for the fallout of high energy prices