Recruitment Growth Slows To 10 Month Low

The Chief Executive of the REC, Kevin Green, said that “We are concerned about the UK jobs market. Growth is rapidly slowing as public sector job freezes start to bite and private sector employers’ confidence remains fragile. The young are being disproportionately affected by the worst labour market in over two decades. The report does however highlight the emergence of specific shortage areas, such as chefs, nurses, engineers and internet developers, which will provide opportunities for those with the right skills. A priority for Government is to ramp up the support and guidance for job-seekers and to raise awareness of these growth areas within our labour market.”

The Head of Business Services at KPMG, Bernard Brown, went on to say that \”The UK job market slowdown continued in August with permanent job appointments rising at the weakest rate for 10 months. A look at the sectors also reveals the growing disparity between the public and private sector. Whereas demand for staff is growing in the private sector, many public sector organisations have started redundancy programmes. If they are still recruiting they are doing so at a reduced pace. In the months ahead we will see a substantial reduction in public sector headcount as the cuts begin to bite. That is the painful but inevitable consequence of the coalition government\’s determination to tackle the UK\’s massive structural deficit. The big question is whether the private sector can create new jobs in sufficient numbers and quickly enough to offset the downturn in the public sector.\”

Commonwealth Contractors

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