There was a 4 per cent dip in the number of job vacancies in the third quarter compared to the same period last year, a new report shows.
The monitor also recorded an 8.5 per cent decrease in professional job seekers between the second and third quarters. However, after declines in July and August, the number of job seekers surged by 56.6 per cent between August and September.Birthday blues: when chief executives get reflective, companies suffer
The group put the surge down to a high number of professionals having initiated a job search ahead of the year’s end with the aim of securing new positions before the new year. “This is narrowing the talent pool as more candidates prefer flexible or remote working options,” the report said. “Additionally, visa and permit complexities are further restricting international hiring, compounding skills shortages in key sectors.”
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