Press coverage

Budget 2014: Osborne enjoys boost from unemployment fall

The latest employment figures released from the Office of National Statistics show that the number of people out of work fell by 63,000 to 2.33 million.

Coinciding with the government’s budget release, this was welcome news for George Osborne.

John Salt, director of totaljobs.com, commented in The Huffington Post, Yahoo News and The International Business Times that, “today’s job figures are a morale boost for the government ahead of today’s Budget speech. The Chancellor will need to explain that cuts to vital skills funding and a lack of investment in the public sector will not threaten the future of the recovery.

“The Budget needs to show clear incentives for businesses to invest in people. It remains to be seen whether plans for a new garden city and investment in infrastructure will create the jobs needed to secure a long term economic recovery, or whether these plans simply constitute electioneering from the Conservatives.”

At a regional level, Dominic Harvey, manager for totaljobs.com in the East Midlands appeared on Capital East Midlands to address the more negative news of a rise in unemployment in the region.

But in a more positive light, Roma Aitken, manager for totaljobs in the West Midlands spoke to the Birmingham Post and Richard Collins, manager for totaljobs in Wales spoke to Wales Online about the improving employment figures those areas of the UK.

 

Almost a quarter of workers feeling increased pressure at work

Nearly one quarter (24 per cent) of British workers are feeling increased pressure at work, according to new research from StepStone and totaljobs.com. What’s more, only a meagre 13% say that they are under no pressure.

The results from this survey received press coverage including an article in the Daily Mirror and online on titles such as, OnRec, HR Magazine and the IBTimes.

John Salt, Website Director of totaljobs.com was quoted, commenting on the findings that, “Taking care of stress in the workplace is a win-win for employees and employers alike. Jobseekers should consider the atmosphere, culture and company HR policies when looking for employment.”

Advising, “Employers who make the effort to tackle stress at work will have happier, more productive workers, reducing the costs associated with this issue and, at the same time, improve employee loyalty and retention.”

The Independent: After graduation, what’s next?

Recent research by totaljobs.com found that 24% of graduate jobseekers have been looking for work for more than 12 months. The Independent responded with a series of advice to recent graduates, asking “what next?”

Helping to navigate alumnae through this process was Mike Fetters, graduate director at totaljobs.com.

One piece of guidance from Fetters was that “by looking for work in fields and industries in which you don’t have experience, you’re more likely to get rejections. By narrowing your search you can focus your energy on the jobs you really want.”

He also advises graduates to eliminate gaps.

“When reading through CVs, employers will be looking for reasons to dismiss jobseekers. Gaps are a red flag, so it’s important to have reasons for why you weren’t studying or working during certain periods.”

Read the full article here.

Moreover, Fetters has also helped in a more general CV advice column for The Independent which you can read here.

Totaljobs Graduate survey: 40% of graduates still out of work six months on

This week, a survey of 676 graduates by totaljobs.com revealed that two out of five graduates are still looking for work six months after completing their studies, while one in four are still job hunting a whole year after graduating.

These levels of unemployment among university leavers has left almost half wondering if they should have studied a more vocational subject

The findings received widespread coverage around the UK, appearing in over 50 titles including, The Daily Mail, The Daily Telegraph, The Daily Mirror, The Spectator, Huffington Post, ITV and more.

Mike Fetters, graduate director of totaljobs, said: “Despite the economic upturn, graduates are still struggling to find work after university.

Our research shows that many graduates are starting to wonder if they should have studied for a more vocational qualification as a more effective route to employment.

Although a degree is an essential qualification for some industries, school leavers need to think more carefully about which route to employment is best for them as some may be more suited to an apprenticeship scheme.”

Fetters also appeared on the LBC radio Morning News to discuss the findings and what this means for today’s graduates.

 

The latest employment figures from the Office of National Statistics

This month’s ONS employment figures revealed that the number of people out of work in the UK fell by 125,000 to 2.34 million in the three months leading up to December. The unemployment rate now stands at 7.2%.

However totaljobs.com Website Director John Salt told the IB Times that, “although the short term outlook looks good in the jobs market and unemployment has been falling for some time, the recent cuts to the adult skills budget and a lack of investment in the public sector as a whole is threatening the future of the recovery.”

Regionally, the Nottingham Post spoke to Dominic Harvey, Regional Manager of totaljobs in the East Midlands, who pointed out the growth industries in the region. Plus, Steve Clark, Regional Manager of totaljobs in Glasgow also spoke to Real Radio Scotland to discuss the fall in unemployment north of the border.

For more up to date information, check the totaljobs Barometer, which follows over 5.2 million jobseekers and 5,000 recruiters each month and, crucially, is three months ahead of the ONS unemployment statistics reporting.

Will Mark Carney’s Fuzzy Interest Rate Forward Guidance Help?

This week, Mark Carney has radically overhauled the Bank of England’s forward guidance policy, shelving the 7% unemployment threshold as a target at which Bank officials would start considering raising interest rates.

The Huffington Post asked whether this change to a more “nuanced” form of interest rate policy was needed, or whether it would just puzzle businesses. One expert on hand to answer was John Salt, Sales Director at totaljobs.com, who told HuffPostUK: “The Bank of England’s decision today has made the whole issue of interest rates more confusing for UK businesses.

“The 7% unemployment threshold was a straight forward indicator which everyone was broadly comfortable with. Now, with several assessments to consider, we have a foggier forecast which will disrupt businesses’ financial planning and create further uncertainly in the economy.”

Read the full article here.

The rise of the Naked Resignation

Well-known women’s magazine Cosmopolitan recently reported the rise of the ‘Naked Resignation’.

In response to recent improvements in the economy, a new trend has formed which shows disgruntled, overworked and underpaid employees leaving their job without having their next position lined up.

As an expert commentator, John Salt, Website Director of totaljobs.com observed that as totaljobs research tells us that a third of workers are unhappy, it is unsurprising that “we’re seeing more people taking this risky exit. People are increasingly confident they’ll find work elsewhere.”

To those inclined to follow suit, John Salt recommends an in-depth research of the market and sector, finding out what skills are necessary in order to limit time spent unemployed. He also recommends unhappy jobseekers “approach any resignation with courtesy and professionalism” as good references and relationships with ex-colleagues is of huge importance in building a lasting, happier career.

Totaljobs.com integrates new job search algorithm to improve results

On 27th January 2014 totaljobs released Stepmatch, a new industry-leading search algorithm which continually learns and evolves to improve job matching on the site.

Following a successful pilot, which saw applications increase by 4.09 percent to 10.95 percent depending on sector, Stepmatch has been integrated into the existing totaljobs.com website.

The news was well received in trade titles, garnering coverage from Computerworld, Recruitment International, Onrec.com and Recruitment Buzz.

Paul Smith, group marketing director at totaljobs.com, said: “The algorithm’s matching system is not based on dictionaries, but learns as recruiters and jobseekers continually use the technology. This represents a significant increase in performance and results for all users.”

John Salt, website director of totaljobs.com, added that “jobseekers are still facing serious competition in finding employment. Our investment in Stepmatch ensures the stress of finding the ‘right’ job is significantly reduced, so candidates can focus on the quality of their application, not the quantity of them.”

Unemployment rate drops to 7.1%

The number of people out of work fell by 167,000 to 2.32 million in the three months to November, according to the Office for National Statistics.

John Salt, Website Director at totaljobs.com conveyed optimism in The International Business Times, Recruiter.co.uk, HR Review, Yahoo.com and The Metro, stating that, “Employers should recognise this as a signal to invest in people and take advantage of the recent growth. Jobseekers should now be more confident of finding employment in 2014 as growth forecasts are revised upwards for this year.”

Totaljobs Regional Manager in Scotland, Steve Clark spoke to Real Radio Scotland and BBC Scotland about the employment figures in the region. Following a rise in the number of opportunities, Mr Clark concentrated on noting the reduction in the competition facing jobseekers, as figures show an average 14 applications per job, as opposed to the 16 seen previously.

Totaljobs’ Gary Reilly, Regional Manager in Yorkshire, appeared on BBC Radio Leeds, discussing the positive ONS statistics and how they correlate accurately with the picture painted by the totaljobs Barometer.

For more up to date information, check the totaljobs Barometer, which follows over 5.2 million jobseekers and 5,000 recruiters each month and, crucially, is three months ahead of the ONS unemployment statistics reporting.

The latest from the totaljobs Barometer

The totaljobs Barometer follows over 5.2 million jobseekers and 5,000 recruiters each month and, crucially, is three months ahead of the ONS unemployment statistics reporting.

In conjunction with the expert commentary of totaljobs’ Regional Managers, the latest findings sparked interest across regional media outlets as the data is an indicator of the health of the recruitment market.

Some of the coverage:

  • Roma Aitken, Regional Manager in the West Midlands celebrated the increase in the region’s job opportunities in The Birmingham Post.
  • In Yorkshire, Regional Manager Gary Reilly, spoke to itv.com, discussing the boost in the region’s market and how it reflects an increased confidence.
  • Plus, Steve Clark, Regional Manager in Glasgow spoke to The Courier and Real Radio Scotland following mixed news north of the border. With an overall positive outlook, he was keen that attention was also paid to falling sectors in the region, such as the banking, insurance and finance sector which fell by 28%.
  • Dominic Harvey, Regional Manager in Nottingham spoke to Capital FM East Midlands about the Barometer findings. Showing concern for the number of young people out of work despite a 10% increase in the number of jobs posted.

Check the totaljobs.com barometer for the most up to date employment figures in your region or sector.