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Employers confidence still gaining momentum, says REC Jobs Outlook

Employers confidence still gaining momentum, says REC Jobs Outlook
The short and medium outlook for growth in permanent recruitment continues to show some improvement, according to the latest Jobs Outlook published by the Recruitment and Employment Confederation (REC).
Whilst the jobs market remains largely static, employers hiring intentions and overall optimism grew again according to the report. Commenting on the figures, REC Director of Research Roger Tweedy  said: It is encouraging that employer confidence is slowly but surely starting to manifest itself in terms of hiring intentions. However, it is very early days and a number of  employers are still making redundancies or cutting working hours.  Regular data on how employers are reacting to subtle changes in the jobs market is essential and will help recruiters to plan ahead over the coming months.
Key findings from the latest REC Jobs Outlook include:
*One in ten employers anticipate an increase in their permanent staff levels over the next three months, an uplift of five per cent on the previous month
*Another 16 per cent expect their permanent staff to rise in the next 12 months compared to 13 per last month
*Five per cent employers expect to increase their temporary workforce in the next three months, 72 per cent  expect to maintain the same level of agency staff over the next 12 months
*Four of out ten employers said there had been no impact on their workforce as a result of economic changes
*A total of 22 per cent of employers are making staff redundant- two per cent down on last month
*Slightly more employers (three per cent) are now reducing hours or cutting pay in response to the continuation of the recession.
Jobs Outlook is based on a monthly sample survey of 600 employers undertaken by an independent market research company on behalf of the REC.  It is designed to complement the RECs Report on Jobs published in conjunction with KPMG, which tracks the actual number of placements on a monthly basis.


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