Most encouraging was the demand seen for engineers, nursing and care staff and other medical positions. One of the sponsors of the report, Bernard Brown, Partner and Head of Business Services at the consultants KPMG, said of these findings: “Six months ago – after almost five years of pain – most employers were wondering just how real the signs of recovery were.
“Business certainly seems to be more confident.”
Paradoxically, given the current high unemployment rate, the availability of suitable candidates to fill this increasing number of vacancies fell. This is a trend that appears to be continuing.
On this point, Mr Brown, went on to add: “It may be that people are still worried about job security but it is more likely that we are seeing a return of the traditional winter slowdown in recruitment as staff are more focused on Christmas than careers.”
Meanwhile, the Office for National Statistics (ONS) reported in mid-December that UK unemployment now stands at 7.4% representing 2.39 million people and that there were 562,000 job vacancies available. The Governor of the Bank of England has stated that he will not contemplate raising interest rates from their historically low level of 0.5%, until the country’s unemployment figure drops below the 7% level.
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