UK unemployment currently stands at 3.8%, a 45-year low, the Office for National Statistics revealed on Tuesday. This figure means that unemployment is now at its lowest rate since 1974.
To break that down even further, here in the South West, unemployment is estimated to be at 2.9% - the lowest in the UK.
Fantastic news for our economy, people in jobs – that’s what we all want right? Absolutely. But the challenges that brings for employers is something completely different.
If you are simply peddling out job adverts with little care and attention and wondering why you aren’t seeing any traction – I’ll tell you why. Because the only people reading it are those 2.9%. And how many of those 2.9% will be the people who have the right skills for your job? Probably much less.
You need to attract the passive candidates, already in employment.
To keep ahead of the game, consider a different strategy. Here are my three top tips for future-proofing your hiring:
There’s no silver bullet method to find the best candidates right now. It’s about time, dedicating resource and authenticity in building a strong employer brand.