According to a press release by The Recruitment & Employment Confederation (REC), employers were feeling more confident about hiring permanent staff during the final quarter of 2020. This was despite the backdrop of spiralling Covid-19 cases and hospital admissions, and the economic uncertainty of lockdown.
From October to December last year, business confidence to make hiring and investment decisions rose to a net level of +5, a rise of four percentage points from September-November. According to the report, employers’ intentions to hire permanent staff in the short and medium term rose by 24 points.
Neil Carberry, Chief Executive of the REC, said “The UK’s labour market is resilient, even in tough times like these. There are still reasons for optimism about 2021 once we move past current lockdowns. With the vaccine rollout continuing at pace, employers are hoping that things will move towards normal, unlocking investment and jobs as they focus on growing their businesses.”
He continues: “Recruiters are uniquely positioned to help firms do this, and help candidates get back into work. The challenge now is for Government to help businesses get through these next few months until the majority of people have been vaccinated.” Meanwhile, Recruiter reports that despite the tough climate, new job roles are being created across the UK.
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