10.06.09

Employers Hiring Plans Weakest in 17 Years

 

The latest quarterly Manpower Employment Outlook Survey has found that employers’ plans to hire new staff over the next three months has hit a 17-year low – although the rate of decline has slowed down.

Other findings from this regular survey of over 2,100 employers in the UK included:

Over 8 out of 10 (81%) of those surveyed anticipate no change in their headcount between July and September this year. 

  • Only 2 out of 9 industrial sectors (Public and Social, and Utilities) had more employers looking to increase staff numbers than reduce them.
  • In 10 out of the 12 of the UK’s regions more employers were looking to shed, than hire, staff. 

 Commenting, Mark Cahill, Managing Director of Manpower UK, said: “Over the next three months, we expect businesses to apply continued caution and display some reluctance to reduce headcount costs any further. They will be looking to ensure that they are well positioned to take advantage of any uptake in the market that may occur…… 

“While it is still too early to say if the worst is behind us in the UK, it is promising to see a slower rate of decline in employer hiring confidence now emerge. With this in mind, job seekers need to remain increasingly flexible and look for opportunities to improve skills and be open-minded to new roles that will give themselves the best possible chance of gaining employment.”

 

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