CIPD finds firms are looking to expand in final quarter
12th November 2012 | NewsThe UK's positive employment outlook looks set to extend across the rest of the year, according to research by the Chartered Institute of Personnel and Development (CIPD).
Indeed, the organisation's Labour Market Outlook report revealed that net employment intentions increased in the last quarter to plus seven per cent, compared to plus five per cent in the three months prior.
While there was a slight fall in private sector net hiring intentions - down to plus 18 per cent in the last quarter - the suggestion is that small firms and others are continuing to expand.
Gerwyn Davies, Labour Market Adviser at CIPD, said that temporary employment is doing particularly well at the moment.
However, he warned: "The sustainability of the recovery, supported by growing consumer confidence, may well depend on the extent to which firms are able to convert these part-time and temporary jobs into more full-time and permanent roles."
A similar report by the Recruitment and Employment Confederation, published last week, revealed that the labour market improved again in October.
Posted by Thomas Fletcher