According to APSCo's data, applications for permanent and contract positions declined by 35% and 41% respectively between September 2023 and September 2024, despite the recruitment bounce back.
Ann Swain, Global CEO at APSCo, stated, 'The construction market has remained relatively robust despite significant economic challenges over the past 12 months.'
'Vacancy numbers have now rebounded to similar levels recorded at this point in September 2023 and employers are clearly feeling more confident in the economy than before the election.'
'We are seeing some employers turning to financial incentives to attract talent, but the reality is, if the talent isn't there, boosting pay will have no impact.'
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