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Thursday, 17 March 2011

Employment figures 'suggest recruitment upturn'

The latest employment figures issued by the Office for National Statistics suggest there has been a positive upturn in private sector recruitment, one expert has observed.

Chris Williamson, director and chief economist at Markit, explained that the figures follow "recent upbeat data" from business surveys, and suggest that companies are taking on more staff as the economy shows a renewed upturn following weather disruption late last year.

He added: "We expect the good news to continue, in the short term at least. We have seen a surge in the number of people placed in jobs by recruitment consultancies in the first two months of 2011, while job creation hit a 20-year high in the manufacturing sector in February."

The expert said the "highlight" of the ONS report was the fall in the number of people claiming unemployment benefit, which is further good news for the recruitment market.

It comes after Liz Field, chief executive of the Financial Skills Partnership, said that it is "critical" for employers to invest in training and skills in order to stimulate the economy and support the UK as it recovers from the recession.

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Posted by John Oak and Wayne BlyADNFCR-1617-ID-800467210-ADNFCR

Source: The Sales Director News

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