If you’re in the market for a job in the UK, there is bad news ahead. A new study from the recruitment website Totaljobs.com shows that on average 23 people chase each and every job in Britain. The job type with the most interest today is the type that requires no professional skills and the look ahead shows that we are “heading inexorably towards recession.”
For roles in customer service, as secretaries and in retail, the past year has seen a rise in applications by over 50%. As John Salt, the director of Totaljobs.com reported,
“The omens for 2012 are pretty grim. For starters, we are heading inexorably towards recession with no real end in sight.”
As Mr. Salt further explained, “uncertainty around the future of the euro threatens to pull the whole economy back into recession.”
Dr. John Philpott, the chief economic advisor of the Chartered Institute of Personnel and Development said that “The combination of worsening job shortages for people without work, mounting job insecurity and a further fall in real earnings for those in work may test the resilience and resolve of the UK workforce far more than it did in the recession of 2008/09.”
In addition, for workers who keep the jobs they already have or for those who do find employment, the average pay increase will be 1.5% which is far below inflation.