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REC launches new research tool Jobs Outlook

REC launches new research tool Jobs Outlook

The Recruitment and Employment Confederation (REC) is launching Jobs Outlook, a monthly employer-driven survey providing incisive data, intelligence and insights into emerging trends in the jobs market.

Jobs Outlooks headline prediction is that permanent placements look set to grow again in early 2010 as consumer and business confidence continues to gather momentum.

Jobs Outlook is designed to complement the RECs Report on Jobs published in conjunction with KPMG, which is now recognised one of the most accurate monthly snapshots of the labour market through data gathered from recruiters on the developments they are experiencing.

Roger Tweedy, the RECs Director of Research, explained: This new research will enable us to understand better how the economy is affecting the short and medium term hiring intentions of employers and plan accordingly.

Launching Jobs Outlook means we can now provide a comprehensive 360 picture of the key issues affecting employment. This research will be invaluable to those working within the industry, and will give us a much stronger voice when engaging with stakeholders and others who have a vested interest in the jobs market.

Jobs Outlook is based on a monthly sample survey of 200 employers undertaken by an independent market research company on behalf of the REC. The survey has been devised in such a way that it reflects representation from employers who use agencies for their permanent, temporary and contract staff.

Key findings from the first-ever Jobs Outlook include:

Though job market optimism is lagging, long term employment planning suggests hiring may receive a boost in early 2010
Employers continue to use their temporary workforce to control costs.
A total of 84 per cent said they were satisfied with the delivery of service they were receiving from their recruitment agencies
Swine flu has affected one in five of the employers
Only 62 per cent of employers surveyed had heard of the Agency Workers Directive
The proportion of employers making staff redundant is running at 28 per cent
A total of 58 per cent said their use of agency workers will remain static over the next three months with this figure rising to 62 per cent for next year

Kevin Green, the RECs Chief Executive commented: Having forward-looking data available puts us all in a position of strength when it comes to planning. Not only does it give our members another tool in gaining a business advantage, but it also provides us with a very solid platform for our future campaigning and lobbying work.


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