Jobs market now looks twice as good as in final quarter of 2012
Contractors will be pleased to learn that a recent survey has revealed the amount of employers looking to take on new workers in Q1 of 2013, has doubled compared to the beginning of this year.
The latest Employment Outlook report, carried out by ManpowerGroup, surveyed 2,100 businesses across the country, asking whether employers intend to hire additional workers or reduce the size of their workforce in the coming economic quarter.
The figures found that the number of new staff expected to be employed in the first quarter of next year, is double that of the first three months of 2012.
According to the report, Employment Outlook scored +6% for the first quarter of 2013; 2012 reported +3% in Q1.
ManpowerGroup UK MD Mark Cahill said, “Companies that are doing well are looking to take on staff. A good example of this is in London’s Tech City hub. In 2008 there were a handful of companies operating there. Now well over 3000 firms have sprung up employing 50,000 people, and still looking to recruit large numbers of staff.”
He added, “ManpowerGroup’s data shows that the good news this time round is being driven by a relatively small number of businesses looking to expand. We should not get carried away – today’s jobs market lacks the dynamism we saw before 2008, with the vast majority of UK firms continuing to sit on their hands.”