15 Nov, 2012

Job Market Optimism

15 Nov, 2012

Following news from the CIPD this week that UK employment is expected to continue to grow, Tom Lovell, group managing director of specialist recruitment consultancy REED, explains how they are also seeing this positive trend in the market:

“Reed’s latest figures show continued incremental growth in the jobs market, with small month-on-month rises seen in permanent and temporary jobs placed by Reed, as well as in interviews attended during October.

“Permanent jobs placed by Reed have seen significant rises in certain sectors, with both the education and scientific sectors showing growth during October when compared with the same period last year and with September 2012.

“The number of job interviews attended, a good indicator of where we could see growth in the coming months, is also up in several sectors in October. Interestingly, we have seen both monthly and annual rises in numbers of interviews attended in two sectors that have recently been struggling – retail and construction. The retail sector has seen a rise in interviews of nearly a third when compared to September 2012, which have also increased by nearly half when compared to October 2011, while the property and construction sector has seen demand for interviews more than double when compared to September 2012 and increase 10% when compared to the same period last year.

“The latest Reed Job Index, which tracks the numbers of job opportunities in the UK, shows continued good news for the country’s jobs. As well as the index showing positive growth during each quarter of 2012, October 2012’s findings show that job opportunities are up 8% when compared with the same month last year.”

Credit: onrec.com