The Caterer
Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Hospitality labour market demand hit hard by the credit crunch

13 October 2008 by

UK labour market demand saw its sharpest fall in more than a decade last month, with the hospitality industry one of the worst sectors hit.

Consultancy KPMG's Report on Jobs found that in September overall demand for staff in the UK suffered its most severe drop in 11 years.

As part of this, the hospitality industry saw a fall in the demand for both permanent and temporary staff, and experienced a year-on-year drop of 8.7% in vacancies in the three months to August.

Mark Summerfield, head of travel, leisure and tourism at KPMG, said the industry was one of the first to suffer from the downturn.

"Permanent and temporary staff within the hotel and catering sectors are starting to be hit hard as the economic outlook worsens with consumers and businesses becoming ever more vigilant about where they are spending their money," he said.

"These sectors are historically some of the first to suffer in consumer downturns, with small and medium sized players the earliest to struggle due to reduced footfall and increased food and energy costs."

Gary King, director of hospitality recruitment specialist Collins King & Associates, told Caterersearch he has noticed a sharp decline over the past six weeks. "September and October are traditionally two of the busiest months for permanent recruitment in the hospitality sector, but the turmoil in the banking sector, combined with worsening economic conditions are definitely having an impact on the market," he said.

"The next six months are going to be very challenging indeed."

The hospitality industry is missing out on young talent, warns BHA>>

Online recruitment in hospitality falls, but growth is still strong>>

Hiring in hospitality industry slows>>
Credit crunch>>

By Kerstin Kühn

E-mail your comments to Kerstin Kühn here.

Caterersearch.com jobs
Looking for a new job? Find your next hospitality job here with Caterersearch.com jobs

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking