Economic concerns don’t dampen the desire to hire

Economic concerns don’t dampen the desire to hire

Posted by Rob Tickle |  29th August 2017

UK employers are still keen to hire new staff despite a dip in confidence in the economy.

The latest JobsOutlook survey by the Recruitment & Employment Confederation (REC) has highlighted a nine per cent fall in employer confidence in the economy from last month, from +6 to -3.

31 per cent of employers now expect the economy to worsen and just 28 per cent expect it to improve.

Despite this downturn employers are still looking to hire, with nearly one in five (19 per cent) planning to increase permanent headcount in the next three months.

Confidence in making hiring and investment decisions also remains positive with a net balance of 10 per cent, but this figure is still at its lowest for the past year.

“With the current economic uncertainty it is crucial that employers retain and enhance a highly skilled and motived work force. It is also important that organisations are able to access the appropriate candidates for their recruitment needs efficiently,” said Ian Webber, Managing Director of Rathbone Training.

We work with over 2000 employers across Britain each year, bringing benefit to business through apprenticeships and work based skills training.

Our employer feedback has also confirmed 96% satisfaction with our service delivery.

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