TAKE OUR END OF YEAR QUIZ, WITH A DIFFERENCE!
Posted on 25th November 2021
As the end of the year approaches, that can only mean one thing - it's quiz season!
This year, however, we've arranged a quiz with a bit of a difference. Instead of looking back at the year that's gone, we're all about looking forward and proactively planning for 2022. With that in mind, our latest quiz focusses on the biggest trends and predictions for 2022 in the employment market and the health of the wider economy. So take a look at the trivia questions below to test your knowledge of the upcoming economic backdrop that will play a central role in your hiring strategy for 2022.
A. 1.9%
B. 2.9%
C. 3.9%
C. 4.9%
2. The UK economy is then expected to return to its pre-pandemic level by which quarter in 2022?
A. Quarter 1
B. Quarter 2
C. Quarter 3
C. Quarter 4
3. The UK's unemployment rate is expected to rise to a peak of how much in Q1 2022?
A. 4.1%
B. 5.1%
C. 6.1%
C. 7.1%
4. The percentage of companies planning a freeze pay altogether will fall to what percentage in 2022?
A. 7.1
B. 4.3%
C. 2.8%
D. 1.7%
5. Inflation is set to increase sharply in the second half of 2021, with annual CPI forecast to peak at what percentage in April 2022?
A. 4.2%
B. 4.4%
C. 4.6%
C. 4.8%
6. The global economy is predicted to grow by how much in 2022?
A. 0.9%
B. 4.9%
C. 9.4%
C. 14.9%
7. The national living wage will increase from £8.91 to what in April 2022?
A. £8.95
B. £9.10
C. £9.35
C. £9.50
8. The government is extending its incentive payment for every apprentice a business hires up until what date?
A. 31 January 2022
B. 28th February 2022
C. 31st March 2022
C. 30th April 2022
For more information and advice on how to best prepare your hiring strategy for the 2022's unique challenges and opportunities, don't hesitate to contact our team today on info@netboxrecruitment.com or by calling 0344 2572070
1. https://www.willistowerswatson.com/en-GB/News/2021/08/uk-businesses-plan-2-point-9-percent-pay-rises-in-2022-as-pay-freezes-disappear-and-optimism-returns
2. https://www.britishchambers.org.uk/news/2021/09/bcc-forecast-business-investment-set-to-be-left-behind
3. https://www.britishchambers.org.uk/news/2021/09/bcc-forecast-business-investment-set-to-be-left-behind
4. https://www.willistowerswatson.com/en-GB/News/2021/08/uk-businesses-plan-2-point-9-percent-pay-rises-in-2022-as-pay-freezes-disappear-and-optimism-returns
5. https://ifs.org.uk/publications/15691
6. https://www.imf.org/en/Publications/WEO
7. https://www.theguardian.com/uk-news/2021/oct/25/ministers-expected-traise-uk-national-living-wage-this-week
8. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1030220/Apprenticeship_funding_in_England__from_November_2021__FINAL_v1.0.pdf
