Private Sector Hiring Surge Expected

The positive results are almost wholly down to a hiring rebound in the private sector, especially in those areas which have been badly hit by the recession.

The CIPD’s Public Policy Advisor, Gerwyn Davies, said “a sustained global economic recovery could mean a growth of full-time jobs in the private sector. This will boost private-sector workers’ prospects as the majority will no longer face potential overwhelming unemployment, pay freezes and lack of promotion. It also raises hopes that we may be close to a peak in unemployment. However, this is in contrast to public-sector employers, who will be looking to close the lid on employment pay and promotion”.

The Head of Public Sector at KPMG, Alan Downey, said “The survey shows that public-sector employers have woken up to the scale of the financial challenge coming their way. What is surprising is the speed and extent of the U-turn in attitudes. Just three months ago, public-sector employers were relatively optimistic and many were continuing to recruit.”

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