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Keep Britain Working

Keep Britain Working
 
HR & Recruitment workers feel worse about job prospects now than they did only a month ago, according to a new poll from the independent campaign Keep Britain Working, published today.
 
The HR & Recruitment Job Prospect Index stands at minus 35. This is a 5 point drop against September, when the index figure was minus 30. This is the worst score since last May, when the Job Prospect Index began, where it stood at minus 29.
 
UK wide
Pessimism about job prospects has deepened in October, reversing the previous steady upwards trend. The Job Prospects Index stands at Minus 21 for October, a four point drop compared to Septembers Minus 17 score. 
 
Keep Britain Working's monthly poll asks an average of 2,000 people across the country if they are optimistic or pessimistic about job prospects. Pessimism was at its worst in May, giving an index score of Minus 37. People had become steadily less pessimistic since then, giving an index score of Minus 24 in July, Minus 19 in August, and reaching its least pessimistic score of Minus 17 in September, before falling back this month.
 
Nearly one in four people 24% - still feel positive about their employer in spite of worsening job prospects, demonstrating how successful many employers have been at working flexibly, in partnership with their staff, to respond to the recession. 
 
However employers need to be aware that this trend is slowly becoming more negative. As the Post Office strike demonstrates, worker support for employers cannot be taken for granted.   Overall the Employer Index stands at Minus 15 for October, as 39% of employees say they feel negative about their employers, compared to Minus 11 in August and Minus 13 in September.
 
James Reed, Chairman of recruitment group Reed and founder of the Keep Britain Working campaign, which was set up to create and preserve jobs, comments:
 
Following the steady improvement of peoples feelings about job prospects since the low point in May this year, the latest Index figures reveal the first reversal.    As recent UK economic figures demonstrate, this recession is not over yet, and concern for job prospects has risen in the last month.  
 
However, people do not feel as negative about their prospects now as in the Spring. Indeed in some key sectors such as business services the trend continues to improve.   Employers must keep their focus on close staff relationships through these difficult times. The organisations who get this right will be best placed to respond quickly to new opportunities.

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