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Labour Market Forecast

By Nicola Snaith
Mar 20, 2010 - 12:23:25 PM

A recent labour market survey forecast slim recruitment intentions for the second quarter of 2010.  Fresh fears about a jobless recovery have resurfaced as a result of this survey, as figures suggest that there could b just a 1% increase in employees hiring in the upcoming months.

Although the UK's emergence from recession is positive news, this recent labour market survey shows that there is still confusion and concern for unemployment levels and rising levels of people claiming benefits.

The utilities sector, the finance and business services and the public sector are reported to be the most positive for job creation intentions.  As the public sectors remains the UK's largest employer, the small increase that is expected in hiring intention is still extremely positive.

The public sector as also been advised to find new ways to improve efficiency in a more cost-effective way as this could result in a more significant increase in hiring intentions for frontline positions.