Strongest hiring plans in the Netherlands
While the economic environment is deteriorating, most employers still have modest hiring intentions as we begin 2024.
us about it. and the sector, there s a depleted workforce, so we have a supply and demand issue, which means our competitors are putting up prices as well. but the staff say as soon as that welcome extra money comes in, it seems to go straight back out again. our essential bills have gone up, and theyjust keep going up, so that s the reason why we are getting pay rises, because the cost of living has gone up. so i wouldn t say it s that we re having that much more money, it s just the fact to cover our bills and things like that. across the economy, the reality is, average private sector pay growth, at 6.9%, is way ahead of public sector pay rises of 2.7%, and both are failing to keep up with inflation, at over ii%. there s another big split between public and private sectors. vacancies in the private sector are falling fast. open positions in hospitality, down ii%. open positions in retail, down 9%. it seems that private businesses are reducing their hiring intentions, expecting consu
vacancies in the private sector are falling fast. open positions in hospitality, down ii%. open positions in retail, down 9%. it seems that private businesses are reducing their hiring intentions, expecting consumer demand and the economy to weaken, perhaps paying the staff they ve got that little bit more. but downsizing is not an option for sectors like the nhs or education. vacancies in the public sector are still high and, in some areas, growing. the tension between the two is unsustainable, argue some. leaving aside any moral arguments i about the cost of living crisis, i it sjust not sustainable, - economically or socially, to keep holding down public sector pay. unless we see it rising at the sorts of rates we re seeing in the private sector, - that kind of 6% or 7% rate, these issues around recruitment . and retention are just going to get worse, and it will be harderl and harder to fill those jobs. the bank of england governor said today that the cost of living was already s