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Private sector set for hiring rebound
HR News |
29/04/2010
Hiring levels in the private sector are set to rise in the coming months as the UK heads closer to recovery, it has been claimed.
Research by the Chartered Institute of Personnel and Development (CIPD) and KMPG highlighted that the balance of companies cutting or recruiting staff across all industry sectors stood at five per cent overall in the first quarter of 2010.
This compares to a balance of minus five per cent in the final three months of 2009.
However, for the private sector, the latest balance stands at 29 per cent, up from five per cent the previous quarter, showing that private firms are well on their way to recovery.
Gerwyn Davies, CIPD public policy adviser and author of the report, said: "The recession represents a long, dark winter for the jobs market. However, a return to spring could mean a growth of full-time jobs in the private sector that may continue if the global economy continues to recover at the same rate."
Last week, Kevin Green, chief executive at the Recruitment and Employment Confederation, said that the UK's joblessness rate may have peaked in February when it reached eight per cent.
Posted by John Lynes
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