Connecting to LinkedIn...

Blank

End of recession will boost jobs market says REC

End of recession will boost jobs market says REC

Figures released today show that the UK economy has come out of recession with a reported growth of 0.1 per cent in the last quarter of 2009.

This slight recovery could further boost employer confidence and accelerate the already increasing demand for both permanent and temporary staff, according to the Recruitment and Employment Confederation (REC).

The latest REC JobsOutlook showed that employer confidence was already starting to rise with one in five businesses planning to increase their permanent workforce over the coming year and a huge majority (over 90%) not intending to carry out any more job cuts.

This followed the latest REC/KPMG Report on Jobs which showed permanent staff placements growing at their fastest rate for 18 months and temporary staff assignments rising at their sharpest rate for 30 months.

Commenting on today's economic news and the outlook for jobs, Roger Tweedy, the RECs Director of Research said:

The UK jobs market has shown positive signs of recovery for several months and today's news will further boost employer confidence. It is also likely that this will lead to some fluidity returning to the labour market as more workers currently in employment feel confident enough to look at new opportunities.
However, we need to be realistic about how quickly the economy is likely to grow. The road back towards full employment will be slow and we will need to enhance practical support for job-seekers in what will remain a competitive labour market. The Government must also focus on practical measures for helping business grow in order to further stimulate demand for staff.

Tags:

Articles similar to

Articles similar to