Total Back Office Solutions can give you recruitment agency formation advice

Thorough background checks have been highlighted as a must, which those planning to set up a recruitment agency may need to be mindful of.

Mat Armstrong at the Human Resources Magazine has urged businesses to be cautious when hiring in the current climate.

He comments that the surplus of jobseekers can often lull companies into a false sense of security, especially given that many of these unemployed are talented graduates or those made redundant with years of useful experience.

"Some are desperate enough to falsify CV information or even to secure a fake visa if they are coming to the UK from abroad. And the number of jobseekers could rise significantly over the next two to three years," he warned.

With the over 50s and those aged between 18 and 24 both reaching unemployment highs, it could be important for those looking to set up a recruitment agency to keep both background checks and the surplus of skilled workers at the forefront of their minds.