As a UK recruitment group, we naturally focus on domestic trends - Brexit impacts, skills shortages, regional variations. But LinkedIn's State of the Labor Market report regularly offers a global lens that puts our challenges into deeper context. What can we see on the July 2025 report? The UK stands out - and not in a good way. While most European markets saw their hiring slowdowns moderate in H1 2025, we bucked the trend. Our hiring decline actually accelerated to -5% (Jan-Jun) vs just -1% in H2 2024. France, Germany, and the Netherlands all saw their pace of decline ease significantly. What strikes me most when reading the latest report is how interconnected global labour markets have become. Mexico's struggles reflect US trade policy changes. Germany continues wrestling with skilled labour shortages and energy shock aftereffects. Even emerging markets like India show 19% more applicants per role. Three key takeaways for UK recruitment according to this report include: ➡️ The global "stabilisation" everyone's talking about? We're missing it. While markets worldwide are finding their footing, UK hiring momentum continues deteriorating. ➡️ Competition dynamics vary wildly by geography. Where we're seeing candidate shortages in certain sectors, other markets are drowning in applications. ➡️ Industry divergence is stark everywhere - not just here. Utilities are down sharply globally (renewable energy particularly hit), while hospitality shows pockets of growth. In terms of the bigger picture, growth projections remain sluggish across major economies, resembling late-cycle patterns rather than expansion phases. With interest rates staying restrictive in the US through 2025 and ongoing trade uncertainties, workforce confidence remains subdued globally. For UK recruiters, this reinforces the need to think beyond our borders - understanding these global macro forces is crucial for advising clients and anticipating how international trends will impact domestic hiring patterns. What are you seeing in your markets? Are we experiencing this differently regionally? #ukrecruitment #globaltalent #workforceinsights #linkedin #recuitmentleaders #businessleaders #labourmarket #jobmarket
Daniel Bosley A very insightful analysis. The accelerating decline in UK hiring compared to stabilising global trends is certainly concerning. Understanding these broader market forces is essential for adapting recruitment strategies effectively.
The UK’s hiring slowdown vs. Europe’s stabilisation raises tough questions: is this a blip or a structural shift? For business owners, cross-border strategies (and eventual exits) may need fresh scrutiny.