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Employment prospects poorer than expected

first_imgRelated posts:No related photos. Employment prospects poorer than expectedOn 8 Oct 2002 in Personnel Today Employment prospects in the UK continue to improve, but growth is slow andconfidence has not yet returned to pre-September 11 levels, according to a pollof UK employers. The survey by Manpower, asked more than 2,000 UK companies, split into 11regions and 21 industry sectors, if they expect an increase, decrease or nochange in their staffing levels for this quarter, October to December. In all, 28 per cent predict they will increase staffing levels, while 10 percent expect to decrease them, leaving a ‘net balance’ of 18 per cent planningto take on new staff. Iain Herbertson, Manpower’s UK managing director, commenting on thefindings, said: “Employment prospects are up 3 points on last quarter andare the strongest this year, but are still down 2 points year-on-year and attheir lowest level for the fourth quarter since 1995.” “All sectors and regions we surveyed are planning to increase staffinglevels, but not at the pace we were expecting,” he added. Just over a third of high street retailers are anticipating an increase injobs for the fourth quarter, but a closer look shows that prospects in thatsector are in decline. This time last year the sector was top of the league table, with 65 per centof employers predicting staffing increases in the fourth quarter. Employment trends in the hotel and restaurant sector add weight to a viewthat consumer confidence – or at least business confidence in consumer spending– may be waning. It has suffered the greatest quarter-on-quarter fall – declining by 20points from a net balance of 41 per cent of firms expecting to increasestaffing to 21 per cent – and second largest year-on-year decrease of anysector. The health sector is the UK’s strongest for jobs, with 38 per cent ofemployers planning to increase staffing levels in the period October toDecember. By Ben Willmottwww.manpower.co.uk Comments are closed. Previous Article Next Articlelast_img read more