New research from job search site Totaljobs suggests that 44% of UK businesses say that Brexit won’t affect the number of people they hire.

Figures from the Totaljobs Employment Index (TEI) in June have revealed that the number of jobs posted on the Totaljobs website is up 4% from May to June, showing UK employers are still actively hiring. However, despite this, 48% of UK jobseekers are more concerned about finding a job now than before the EU Referendum.

The research was conducted by Totaljobs in July 2016 following the EU Referendum, and surveyed both employers and candidates. It reveals that 44% of all candidates believe there will be more competition for jobs following the EU Referendum, while 28% say that Brexit has already had an impact on their job search. Moreover, 19% have become less selective about the jobs they apply for, compared with 16% who are now more selective. Of those currently employed, 34% are worried about their job security as a result of Brexit, whilst half (52%) are not concerned.

“The Referendum and Brexit vote has stirred up an amount of uncertainty among candidates and some employers,” John Salt, Group Sales Director, Totaljobs, said. “What we’re seeing is that jobseekers are now slightly more concerned about their ability to find or keep a job.”

“Nevertheless, what we’ve also found is that this uncertainty is not matched on the same scale by businesses, who in general remain pretty confident of their ability to attract and retain staff. This business confidence is certainly backed up by our data from our Totaljobs Employment Index report, with job postings on Totaljobs up month-on-month, quarter-on-quarter and year-on-year showing businesses are still eager to keep on hiring,” Salt said.

While 44% of businesses said that Brexit won’t affect the number of people they hire, 23% have said they are likely to hire less. Meanwhile, almost a third, or 30%, stated that they had already noticed the impact of Brexit on their business, the majority of employers said that they won’t delay hiring for roles (54%) and that it is unlikely that they will have to let people go (61%) due to Brexit.

Meanwhile, most employers don’t think that Brexit will have an effect on their ability to attract and retain the best talent (61%). When asked for their views on a number of post-Brexit scenarios, 65% do not think there will be a recruitment freeze or a salary freeze (78%). Moreover, 21% of businesses say they are now less likely to hire EU nationals than before Brexit, and 21% think that Brexit will have no effect at all on their businesses.

The report also shows that the ratio of applications per job, a measure of job competitiveness, is up 30% year-on-year in the banking, insurance and finance sector, and 16% in the construction sector, showing that candidate demand is outstripping vacancies.