1、Winter 202425OUTLOOKVIEWS FROM EMPLOYERSLABOUR MARKETThe CIPD has been championing better work and working lives for over 100 years.It helps organisations thrive by focusing on their people,supporting our economies and societies.Its the professional body for HR,L&D,OD and all people professionals ex
2、perts in people,work and change.With over 160,000 members globally and a growing community using its research,insights and learning it gives trusted advice and offers independent thought leadership.Its a leading voice in the call for good work that creates value for everyone.1ReportLabour Market Out
3、lookWinter 202425Contents1 Foreword from the CIPD 22 Key points 33 Recruitment and redundancy outlook 44 Job vacancies 155 Pay outlook 186 Recommendations for employers and people practitioners 197 Survey method 198 Appendix 1 21Labour Market Outlook Winter 2024252Foreword from the CIPDForeword from
4、 the CIPDThe quarterly CIPD Labour Market Outlook(LMO)provides an early indication of future changes to the labour market around recruitment,redundancy and pay intentions.The findings are based on a survey of more than 2,000 employers.Employer confidence,signified by the net employment balance,is at
5、 its lowest on record outside of the pandemic.It had its second largest quarter-on-quarter fall since we began collecting this metric in 2014,the largest being the onset of the pandemic.It fell across all sectors and,apart from in 2020,is at its lowest level in the private sector on record.The chang
6、e in the net employment balance is being driven by the rise in employers who expect a decrease in their total staff levels in the next three months.Last quarter 11%of employers were expecting a decrease,but this figure now stands at 16%.One in four(25%)employers are planning to make redundancies in