In partnership with the Centre for Economics and Business Research, the quarterly Robert Half Jobs Confidence Index is the most authoritative report on the key socio-economic factors influencing confidence in the UK labour market.
The Robert Half JCI analyses the factors determining how confident an individual is likely to feel about their ability to secure employment and fulfil their career potential, whilst creating economic value.  Equip yourself with information about the latest job security, pay, job search and progression trends to support your business strategy or job search. Download the report today.
The Robert Half Jobs Confidence Index increased to 46.5 in Q4 2023, the thirteenth consecutive quarter in which it has been in positive territory. Job security confidence experienced the biggest gain. At 138.4, the pillar was up by 32.5 points on the quarter, rising to its second-highest reading on record.  Over half (56.1%) of employees feel confident about their job looking ahead to the next six months. 
The pay confidence pillar remains firmly in positive territory, at 36.8 A continued deceleration in inflation further boosted wage growth.  Labour productivity, measured by output per hour worked, fell by 0.3% in Q3, following 0.2% growth in the previous quarter. 
The job search and progression confidence pillar fell by 29.8 points on the quarter to reach 4.9, its largest quarterly fall on record. The core driver of the fall was a worsening in career progression confidence with 40.3% of employees feeling confident about their future career prospects over the coming five years – a 7.1% drop from the previous quarter. Levels of economic inactivity remained largely unchanged on the quarter.
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While traditional measures of labour market health, like unemployment and job vacancies, are valuable, the figures alone are not enough to understand the UK’s complex labour market, that's why we have partnered with Cebr to create the quarterly Robert Half Jobs Confidence Index (JCI).  The Robert Half JCI provides a holistic view of the labour market with all the stats in one place including: