Tuesday, 13 December 2011

Flatlining job market says report

The UK‟s Employment Outlook has slipped to its weakest level since the final quarter of 2009,according to a survey by Manpower out this morning.

The Survey, based on responses from 2,100 UK employers, asks whether they intend to hire additional workers in the coming economic quarter. The national Seasonally Adjusted Net Employment Outlook of 0% indicates that the jobs market is now flat-lining.

Eight in 10 employers are not intending to change their staffing levels in the next quarter, but the number of employers looking to hire new staff is comparable to the number expecting to cut jobs.

This compares to a marginally positive Net Employment Outlook of +1% in Q4, 2011.

Employers in the North East of England report the most optimistic hiring plans going into 2012 with an Outlook of +10%.

The North West has also witnessed a decline and is two points down on the previous quarter at -5%

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