Reed Job Index shows fall in December 2010

The Managing Director of Reed.co.uk, Martin Warnes, said that \”There are grounds for cautious optimism about new job prospects in 2011. Rising private sector demand has been enough to create year-on-year growth in spite of steep falls in new public sector jobs. Job sectors as different as consultancy, marketing, banking and engineering have experienced accelerating demand. Salaries have stabilized and in key areas increased, threatening the reappearance of skills shortages. Clearly there are economic challenges ahead. Yet the jobs economy has undoubtedly avoided a much-predicted double-dip in 2010 and the private sector continues to lead a steady recovery in new job demand.\”

REC JobsOutlook Survey shows positive signs

The latest Recruitment and Employment Confederation (REC) JobsOutlook survey recently revealed that although many employers are remaining cautions with regards to recruitment early on in 2011 many expect to add to their permanent and temporary workforce over the course of the year. The survey revealed that many UK employers are taking a cautious approach to the early part of the year following the recent increase in VAT (from 17.5% to 20%) and looming public sector job losses.

Key JobsOutlook Figures:

• 21% of employers said that they will be adding to their headcounts during the course of 2011
• 74% said that they plan to keep their workforce numbers static in 2011
• 5% intend to reduce their permanent and temporary headcount during the course of the year
• 95% expect to grow or keep their permanent headcount the same over the course of the next 3 months
• 32% plan to grow their agency workforce over the next 12 month
• 20% intend to increase their temporary staff within the next three months

Commonwealth Contractors

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