Select Appointments, one of the UK’s leading staffing companies and recruitment franchisors, has welcomed the latest figures from the REC (Recruitment & Employment Confederation) Report on Jobs which confirms the UK’s economic recovery is continuing apace.
The latest figures show that 80% of employers say that the economic conditions in the UK are getting better, while 46% expect confidence in hiring and investment decisions to improve. The report also states that 41% of employers increased pay in the last year and 0% reduced it. 74% of hirers say they plan to add to their permanent head count over the next quarter.
Select also says the slight rise in unemployment in the last quarter can be easily explained. These figures were taken between March and May 2015, just before the General Election. As a result, businesses were cautious about hiring new workers in this period due to uncertainty about the election result. While larger companies continued to hire during this time, smaller firms (employing fewer than 50 workers) were more reluctant to do so. As expected, growth has continued in the following quarter.
Suzie McCafferty, Head of Franchise Recruitment, Select Appointments, explains: “We are delighted to see the latest results from the REC’s Report on Jobs, it clearly shows that confidence is continuing to flood back into the jobs market and that companies plan to add to their permanent and temporary headcount over the next quarter. The slight increase in unemployment over the last quarter was simply caused by the uncertainty over the General Election result and is not a true reflection of how the market performed over this period.”
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