Job Market Steadily Improving

The UK job market has continued to improve and has now shown its largest growth in permanent staff positions since July 2007, according to a new report.

This comes from a study done by the Recruitment and Employment Confederation and KPMG, they have said that more full time jobs were added over the past month than at any point in two and a half years previous to that.

On a more negative note, the report has shown that temporary positions, although continuing to increase, have grown at their slowest rate for three months.

 It has also said that they are expecting that incoming plans to cut public sector jobs may have an impact on the wider economy.

The IT sector along with engineering and construction have shown themselves to be leading the way in the creation of new jobs, the report has said these sector are ‘clearly on the rebound.’

"The latest figures seem to confirm that the UK jobs market is on the road to recovery," said KPMG's head of business services, Bernard Brown.

"However, this all comes with one big warning - the impact of the inevitable public sector recession on the jobs market has yet to be felt, and will be played out over the next six months."

The report has been compiled after speaking to 400 employment consultancies about the recent trends in the market.

Furthermore, the report has shown that there has now been a growth recorded for five consecutive months.

Posted at 02:06PM Mar 03, 2010 by Marc Stenton in UK Economy News  |  Comments[0]