Public Sector recruitment slow but the private
sector is set to see an improvement throughout quarter
Although it is a small majority, these
companies plan to hire extra staff within the next three months,
with the financial and business sectors leading the pack.
The survey by Manpower employment outlook
shows two percent of firms planning to hire in the coming months
from April to June. Recruitment figures, including that of sales
recruitment have increased moderately since early 2010 after
Britain left the recession, with five out of nine industry
employers expected to take on more staff in the second quarter.
Mark Cahill, managing director of Manpower UK
commented that, "We have heard a lot over the last few years about
how the economy needs rebalancing,… However, it seems that the
sector that has been accused of getting us into the mess in the
first place -- finance, banking and business services -- is the
very sector that is leading the way into recovery."
The public sector however is still struggling
with a decrease in recruitment of around -22 percent which is its
lowest in about 20 years. The outlook for graduate’s jobs is still extremely poor,
with companies more inclined to take on experience staff instead of
also incurring the cost of training as well as the cost of
With the government set to reduce its spending
budget by around 19 percent, this will mean within the next 4-5
years there will be a loss of around 330,000 state jobs. Meaning
that the onus will be on the private sector to help grow the
economy and reduce graduate unemployment.