Employer confidence slowly returning

2011 recruitment industry 150Employer confidence is slowly returning in the economy as job opportunities increase

Confidence in the economy is returning in the UK, with around half of companies planning to recruit permanent staff in the next three months. Data released by the Recruitment & Employment Confederation looked at the outlook for jobs in October, and while 48% of companies expect their headcount for permanent staff to remain the same over the next year 42% believed theirs would increase.

There was a drop of 5% from last months REC JobsOutlook report to 49% of employees who expect to hire in the next three months and 41% expecting no headcount growth in the coming quarter.

The data also showed that with the Agency Workers Regulations (AWR) in place, employers are hoping to retain or increase the number of agency workers in their organisation is 82%. The REC’s director of research Roger Tweedy commented that although the overall scores have fallen slightly over the past month, taking last quarter into account there are signs that confidence is returning to employers.

The outlook for graduates is getting better with many graduate employers re-opening their graduate schemes. One up-side for current graduates is that because of the University Fees increase, many students are put off of going to university. This may decrease the amount of competition of graduates per graduate job, which currently stands at 80 applicants per graduate opportunity.

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