Recruitment is an ever-changing trade. In a single 12 months, recruiters across the globe may very well be working in a candidate-rich market one month, and a candidate scarcity the following. If the previous couple of years have taught us something, it is that we must be ready to adapt to vary!
One of the simplest ways to remain in charge of each your recruitment desk and pipeline is to maintain updated with recruitment traits. The excellent news is, recruitment statistics are right here to assist. With data-driven insights, you may be higher outfitted to capitalise on market situations, it doesn’t matter what challenges the trade throws your manner.
Right here at Firefish, we publish our Job Circulate Index as soon as a month. To present you a style of the report, we’ve pulled collectively 4 key recruitment statistics from March 2022. With this statistics by your aspect, you can plan forward, make a revenue, and blast your manner by way of April and past.
1. The variety of Job Advertisements posted in March was increased than any month in 2021
That’s proper, the variety of job advertisements posted in March outshone each different month in 2021. This provides an amazing indication of the robust post-Covid restoration that’s being felt throughout the recruitment trade proper now.
With much less corporations using in-house or direct this implies extra advertisements and extra vacancies can be found to recruiters. With extra advertisements, come extra alternatives to make placements and achieve new shoppers.
2. The common variety of certified functions per job remained at 3
In April of 2021, we noticed the common variety of functions per job dip to 2 – a quantity that completely encapsulated the scarcity of candidates being felt throughout the trade.
The excellent news is, this jumped as much as 3 certified functions per job advert in January 2022 and has remained steady into March. Whereas it’s not secure to imagine the candidate scarcity will probably be over any time quickly, it’s nice to see that candidate numbers should not solely up on final 12 months, however they’re holding agency.
3. Complete quantity placements elevated by 18%
March 2022 formally noticed the very best variety of placements made throughout the trade for the primary time since October 2021. The 18% enhance in placements affirms that the trade is recovering as recruiters discover options to shortages. Proper now, it is all about assembly the excessive demand of expertise coming from shoppers seeking to bolster their workforce.
4. The variety of Spec CVs despatched elevated by 10%
In March 2022 the variety of Spec CVs despatched elevated by a major 10% – a complete that is better than any month in 2021. Sometimes after we see an increase in Spec CVs being despatched, this has a ripple impact on the next month, inflicting an increase in placements.
To uncover all of the statistics from the March 2022’s Job Circulate Index, and to see future updates, obtain the total report under.