3 November 2023

November 3, 2023, Cleveland, OH — AMS, the global talent solutions business responds to latest US Bureau of Labor Market statistics. In September, the US economy added 150,000 new jobs against the forecasted growth of 170,000 jobs as the market continues to evolve with macro-economic challenges and sustained talent challenges.

Commenting on the latest statistics Nicky Hancock, Managing Director, Americas Region at AMS said: “In the final months of the year, while hiring continues to be in a state of change, it is an important area of focus and opportunity for many businesses heading into 2024. Some organizations are experiencing less job openings, while others continue to expect demand.”

“For example, in the Investment Banking sector, volumes are forecasted to return in the second half of 2024. And as companies are treading lightly with recruiting, many are asking us to prepare models to scale for them and to help reduce costs, once hiring accelerates.”

“The Life Sciences sector has seen less job openings than average. Nonetheless, talent remains in short supply. Contingent labor is steady and we expect demand for professional contractors to reduce in line with typical seasonal norms as we near the holiday period which is historically a quieter period.”

“In this unpredictable talent acquisition environment, there are still key areas organizations are researching and capitalizing on. As companies prepare for what’s next in their talent acquisition, topics of interest include candidate quality, exploring AI and skills-based hiring as well as looking at recruitment solutions with a tech-enabled lens.”

1 November 2023 — The seventh annual Social Mobility Employer Index, published earlier this week, shows AMS moving up to 39^th place, rising through its ranks for the second year. The Index is the UK’s leading authority on employer-led social mobility and the bellwether of best practice within the social mobility space for UK businesses.

The Index shows how employers perform on eight key areas of employer led social mobility, including their work with young people, routes into the employer, how they attract talent, recruitment and selection, data collection, progression, culture and experienced hire, as well as advocacy and engagement. This year 143 employers across the private, public and voluntary sectors, employing over one million people (1,082,348) were considered for the Top 75 rankings. The accompanying Index report also features best practice and practical steps all employers can take to improve social mobility.

Measures taken by AMS throughout 2023 have included increasing partnerships and collaboration with key social enterprises, charities, and small businesses as well as a renewed focus on data collection allowing AMS to understand the socio-economic makeup of their colleagues based in the UK&I region.

Matthew Rodger, Chief Growth & Commercial Officer and ExCo lead for Social Mobility at AMS commented: “We are honoured to be recognised again as a top 75 employer in the Social Mobility Foundations Employer Index. This is the second time AMS has entered the Index and to have moved up 4 places further solidifies our commitment to social mobility. The rationale that lies behind the Index is that the workplace is as important as the classroom in creating social mobility. Such clarity of focus and belief lies at the heart of AMS’s social mobility strategy and talks to our desire to champion change and level the playing field for the world of work. Although only 2 years into our social mobility programme of change, we are mindful that we are on a journey and in truth we still have much to do. Congratulations to all the organisations on this list – AMS is proud to share this platform with you as together we can make significant change.”

Sarah Atkinson, CEO, The Social Mobility Foundation went on to add: “Congratulations to AMS for placing in the Top 75 in this year’s Social Mobility Employer Index again. This shows continued commitment to ensuring people from lower socioeconomic backgrounds get in, get on and belong in your organisation. Taking action on social mobility is the right thing to do – it’s also the smart thing to do. By accessing and progressing talent from all backgrounds, firms like AMS will benefit from better decision-making, higher productivity and engagement and more innovating thinking.”