Joint research by Recruitment body and leading Professional Services firm points to growing confidence among UK firms for hiring.
Companies have started to take on staff again, particularly temporary and contract staff, suggesting an improving economy. SMEs are most confident about future prospects, coming at a time when the government has announced an initiative to boost long term lending for small businesses.
According to a report on jobs produced by the Recruitment Employment Confederation (REC) and KPMG, the rate of decline in permanent hires eased in August, halting a trend of several months. Similarly, temporary and contract staffing witnessed a rise in placements, for the first time in nine months.
If this trend continues it suggests that demand is for staff is beginning to increase without companies necessarily having the flexibility to take staff on a permanent basis. It may also point to a ‘wait and see’ attitude among employers. The...