State of the Market

[rocktronAMP]

I don't know about recruitment specifically but if you search for 'layoffs' in linkedin and filter it to show posts less than a month old, it is sombre reading.

Ok I searched "layoffs" and then filtered to the past month and the top stories are about Amazon and Facebook, Meta:

"Amazon just announced it will fire 9,000 workers. This brings its total for the year up to 27,000." https://www.linkedin.com/posts/racha...74772736-aDK1/

"My heart goes with all the talented people recently affected by the third round of layoffs at Meta. stay strong " https://www.linkedin.com/posts/sandr...81219585-w2QV/


So nothing really in there that is about recruitment agents or agencies. ICBSOYP.

[Bluenose]

So nothing really in there that is about recruitment agents or agencies. ICBSOYP.

Filter by industry, add recruitment.

https://www.linkedin.com/posts/laura...member_desktop

https://www.linkedin.com/posts/activ...member_desktop

[SueEllen]

Filter by industry, add recruitment.

https://www.linkedin.com/posts/laura...member_desktop

https://www.linkedin.com/posts/activ...member_desktop

So they are getting rid of people who are about to have a baby or have one.

[Fraidycat]

Based on the past market downs - how do you predict? when the contractor market is going to bounce back?

If i recall the downturn in 2001, started middle of 2001, the market was already bad before 9/11 and got even worse after, that slow down lasted about two years.

That would suggest Q2 of 2024 being the end of this downturn.

But like someone posted above, we never had 10% inflation back then. If inflation doesn't come back down soon in the UK, we will be in trouble all of next year as well.

[Bluenose]

So they are getting rid of people who are about to have a baby or have one.

They were just examples towards the top of the feed to demonstrate the filter you need.

[SussexSeagull]

Well it took six months but I start a new contract on Monday. Actually the best paid one I have ever had, so can make up for a bit of lost time, and is scheduled for six months so hopefully things improve for next time I am looking.

Can't really offer any advice apart from using your network and keeping going.

Good luck people.

[Bluenose]

Well it took six months but I start a new contract on Monday. Actually the best paid one I have ever had, so can make up for a bit of lost time, and is scheduled for six months so hopefully things improve for next time I am looking.

Can't really offer any advice apart from using your network and keeping going.

Good luck people.

Congratulations Seagull.

[BlackCountryContractor]

Managed to escape a death march gig and with breadcrumbs for outside IR35 contracts atm so I'm going down the route applying for permie work - kicking myself that I might have to close down my LTD as I had a good run with it but the thought of dealing with brollies again has put me off.

Btw SussexSeagull well done mate - time on the bench for that long isn't nice but you got through

[Robinho]

Finally got round to duffing up my CV as i hate my current gig, then had a look on JobServe

Holy mother of Mary it's utterly dead

[suityou01]

Finally got round to duffing up my CV as i hate my current gig, then had a look on JobServe

Holy mother of Mary it's utterly dead

And yet nothing on the bbc ...