1、Spring 2025OUTLOOKVIEWS 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 expe

2、rts 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 Outlo

3、okSpring 2025Contents1 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 207 Survey method 20Publication informationWhen citing this report,please use the following citation:Bon,E.(20

4、25)Labour Market Outlook spring 2025.London:Chartered Institute of Personnel and Development.Labour Market Outlook Spring 20252Foreword from the CIPDForeword from the CIPDThe quarterly CIPD Labour Market Outlook(LMO)provides an early indication of future changes to the labour market around recruitme

5、nt,redundancy and pay intentions.The findings are based on a survey of more than 2,000 employers.As we enter the new tax year,businesses across the UK are facing rising National Insurance contributions coupled with the usual increases in the National Living Wage,the latter designed to benefit the lo

6、west paid in society.Our data finds that as these measures are being brought in,business confidence continues to fall.Our net employment balance has fallen to+8,its lowest level on record outside of the pandemic.It dropped from+21 in autumn 2024 to+13 in the previous quarter.In the private sector,th