Fewer redundancies are expected – Is it too early to say that ‘green shoots’ are sprouting?

The number of redundancies in the UK jobs market is expected to decrease, according to a recent survey. Following the dismal start to the year, which has seen the unemployment rate rise to 2.4 million, a new survey conducted by KPMG and The Chartered Institute for Personnel and Development is now suggesting that the private sector is stabilising.

The Labour Market Outlook Survey has shown that a significantly lower amount of employers are expecting to make staff redundant. The results collected from over 900 employers, covering all sectors of the economy also revealed that the scale of planned redundancies has reduced.

Although signs of a full recovery still appear a while away, it seems that the results of the survey are by no means unfounded.

Rob Scott from Aaron Wallis, a specialist sales recruitment agency, has noted a gentle but positive upturn from employers in recent months. He said: "Back in February we received through our website 1900 speculative CVs which was three times more than we'd typically receive. The majority of these candidates had unfortunately been made redundant as companies restructured and cut costs for the New Year.

“This huge spike of speculative CVs has now settled but our July candidate registrations still remains double that the same month last year. Aaron Wallis have had calls from tens of employers that didn't replace positions vacated in September, October and November last year but are now realising that the position needs to be filled in order for them to maintain and improve their market share"