Is Britain facing a jobs crisis?

The ONS recorded a sharp recovery in economic growth in March. The Bank of England has already increased its forecast for the growth of the UK economy in 2021. Now comes more evidence of rapid growth. The quarterly CIPD/Adecco Labour Market Outlook, published today, shows a sharp rise in the number of organisations that are hiring extra staff or are expecting to do so over the next few months. The survey, which goes out to 1,000 employers in the private, public, and voluntary sectors, found that 36 per cent of employers are planning to increase staff levels over the next three months. Nine per cent said they are expecting to shrink staff levels, 50 per cent will keep numbers the same and 6 per cent don’t know.

The net balance between those planning to increase their staff and those planning to shrink staff levels — 27 per cent — is the highest since the second quarter of 2018.