Employment expert’s tips to land your next job amid steepest recruitment decline in years – & 5 common mistakes to avoid
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YOUNG jobseekers are facing such a severe employment crisis that some are applying for 50 vacancies at a time in a desperate hunt for work. The Budget tax raid on businesses has led to the steepest recruitment decline in more than four years across a wide range of industries, and Gen Z — those aged 18 to 27 — are suffering the most.
Cuts to the Employer National Insurance tax threshold will hit lower-paid jobs hardest — raising the cost of employing a worker in the lowest fifth of earners by more than four per cent, while the cost of an employee in the top fifth of earners will rise by about 1.5 per cent.
Entry-level jobs for school leavers and graduates have fallen by six per cent since last January, according to recruitment and employment firm Manpower, as companies pushing for productivity increases are reluctant to take on inexperienced staff. Recent research by financial services firm Admiral, which employs more than 10,000 people across its brands, says almost a fifth of Gen Z-ers are now seeking “employers for life” because they are so worried about the future.
And 88 per cent are prioritising stability when they are job-hunting. Shoshanna Davis, who has seen the problem first-hand, is an employment and early careers expert who has been dubbed the Fairy Job Mother after becoming a social media phenomenon with her help and advice for school leavers and graduates to find work.