‘Full-time no experience’: How cost-of-living crisis is shaping labor trends

Newly released data from global job-search platform Indeed has confirmed what most people already suspected: that the cost-of-living crisis is shaping labor trends, and specifically what prospective employees want from their job. 

While some findings were predictable – for example, there were more searches for “full-time no experience” positions, zero-hour contracts, and greater demand for weekly pay in the three months leading up to Jan. 2023 compared to the same period a year ago – the alarmingly steep rise in these areas might shock business leaders and human resources professionals.

For instance, in the U.K., searches on Indeed for zero-hour contracts were up 70%, requests for part-time work had increased by 65%, and “weekend-only” searches jumped 120%. Demand for weekly pay surged by 122%, “full-time no experience” searches rose 219%, and “support worker no experience” was 337% higher.

Ultimately, the results indicated that recruitment models, learning and development and employee experience should urgently be modernized to keep pace with and accommodate workers’ needs and wants.

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in March 2023 – to read the complete piece, please click HERE.