REC / KPMG Jobs Survey shows positive increase

The Chief Executive of the Recruitment and Employment Confederation (REC), Kevin Green, said that \”The latest data shows stronger rises in both permanent and temporary placements in November 2010. This is an improvement following a sustained slowdown in growth since April. The jobs market remains fragile – especially in light of the public sector squeeze – but confidence does seem to be returning amongst private sector employers. As the jobs market grows, skills and talent shortages are starting to emerge. Our members have identified specific job categories that are already in short supply, including HGV drivers, engineers, IT specialists and chefs. Changes to immigration policy could exacerbate these shortages in the short-term, so we need to build pipelines into growth sectors through better support and guidance to job-seekers and a targeted skills agenda.”

The Head of Business Services at KPMG, Bernard Brown, went on to say that “This is very encouraging news, with the data suggesting that a turning point for the UK jobs market may have been reached as employers across the board are recruiting more people. Confidence among employers is clearly growing as many firms now look to growth in 2011. Whilst Government cuts are yet to bite hard in the public sector, the private sector shows resilience in these turbulent times. It remains to be seen whether this trend will continue – but if it does, it would suggest that some of the large scale unemployment worries may not materialise.”

Last month the Monster Employment Index reported an upturn in October with the index rising seven points to 138; a 24 point increase on the same time in 2009. The increase was led by greater opportunities in the Information Technology sector with the engineering, banking, finance and insurance sectors close behind. At the time Managing Director at Monster UK and Ireland, Julian Acquari, said that \”While the United Kingdom still has a long way to go towards economic recovery, the increase in employment opportunities is an encouraging trend.\” The figures followed six months of relatively static growth.

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