According to the Labour Market Outlook Survey, conducted jointly by the Chartered Institute of Personnel and Development (CIPD) and KPMG, the number of new staff being taken on in the sales recruitment sector and other industries rose sharply in October and this will continue until the end of the year.
Dr John Philpott, chief economic adviser at the CIPD, said that signs of "sustained and increasing buoyancy" in private sector job prospects is encouraging, particularly as some other labour market indicators have been "subdued" recently.
Alan Downey, head of public sector at KPMG, added: "For the moment at least, the planned retrenchment in the public sector is likely to be more than offset by the growth plans of private sector employers, particularly in the manufacturing and IT sectors."
Last week, David Kern, economic advisor at the British Chambers of Commerce, said that he feels the government's austerity measures are "a tall order" but will help the country on its way to full economic recovery.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News