Job confidence has fallen across the UK, but according to Robert Half, this is a return to normal after post-Covid highs rather than a sign of crisis. At there same time they argue businesses ignoring this are risking the loss of their top talent.
The warning comes with the latest iteration of there company’s Jobs Confidence Index (JCI) – an economic confidence tracker produced in partnership with the Centre for Economics and Business Research (Cebr). The JCI has fallen to its lowest level since Q1 2023.
However, all four confidence pillars of the Index (job security, pay, progression and macroeconomic confidence) remain in positive territory, suggesting that this is a stabilisation, rather than a negative issue. In fact, the data revealed that more than half (54.8 per cent) of staff are still confident in their job security, despite the economic climate.
According to another Robert Half survey, 82 per cent of businesses plan to make professional hires in H1 2025 across all types of employment (permanent, contract and on project basis). Such demand implies it’s vital that employers offer a strong proposition to encourage highly skilled individuals to move roles while confidence remains high. And while the JCI data revealed that salaries are still the dominant driver for career moves (43 per cent), candidates are increasingly focusing on benefits (28 per cent) and career progression (25 per cent).
“We’re facing a continued period of adjustment in the labour market, but workers are still optimistic and employers really do need to be mindful of this,” said Matt Weston, Senior Managing Director UK & Ireland, at Robert Half. “As the latest JCI shows, hiring conditions have stabilised and wage growth remains positive. We can’t overlook the fact that there are still opportunities out there for job seekers and they are looking for far more from a role than just remuneration. Employers willing to adapt to evolving workforce expectations will be the ones able to attract the best talent.”
Weston adds that professionals are prioritising their career development – in fact the level of those looking for a new job to support this is increasing. “Businesses have to be aware of the mindset of the workforce, because in a skills short market top talent is still in the driving seat,” he notes. “The current environment rewards employers who offer strong benefits packages, professional development opportunities, and a compelling work culture. For businesses, this is a moment to build resilience, enhance employer branding, and refine recruitment strategies. Those that don’t act now risk falling behind when it’s time to scale up recruitment.”
