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Global employment survey finds improved job market in UK

Global employment survey finds improved job market in UK
 
A quarterly survey of hiring and firing trends around the world has found that not only have recruitment levels in the UK increased since September 2009, they are now among the highest in Western Europe.
 
The Global Snapshot from the international recruitment firm, Antal surveyed more than 6000 organisations in 30 countries on whether they were currently hiring and firing at professional and managerial level. It then asked whether they planned to do so in the coming quarter. 59% of British companies said that they were currently hiring compared to 50% in the last report. This was just behind Switzerland which had the highest hiring rate in Western Europe and also higher than the hiring levels of the USA.
 
The survey also showed however that UK organisations plan on dropping their hiring activity over the next three months, although only by 7%. The number of companies letting staff go is also expected to fall to just under a third. It seems that staff churn is inevitable as businesses act to source the best talent and rid themselves of weaker team members but it looks as though recruitment activity is set to stablise as the recovery gets underway.
 
The rest of Western Europe showed similar hiring rates, with 55% hiring in France and 51% in Germany, however many of the smaller countries bettered their larger neighbours, namely Switzerland (64%), Austria (58%) and Luxembourg (58%).The lowest levels of hiring were in Malta at 31% and Spain at just 30%. Nigeria boasts the highest level of hiring across the world with 79% of companies taking on staff, followed by Russia, India and China.
 
Although a few countries are still seeing a decline in the employment market, the global picture has definitely improved once again, says Antals CEO, Tony Goodwin. As we said in September, we are most certainly not out of the woods as yet and there may be more unpleasant economic surprises to come but it does seem as if organisations of all sizes are approaching 2010 with more confidence than would have seemed possible in the very dark days of January 2009. As a result we are already seeing the first clear signs of organisations thinking in terms of the war for talent once more with more robust businesses making early moves to snap up the best people in their markets before general recovery becomes too apparent.

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