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UK – Employers happy with the state of the economy

21 August 2013

The majority of employers (53%) are happy with the state of the economy, up +19% from January 2013 and the highest score registered this year, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC). 

The survey also reveals that 97% of employers are planning to increase or maintain their permanent workforce and 95% intend to increase or maintain their use of agency workers over the next year.

Kevin Green, CEO of the REC, said: “The soaring success of the UK jobs market is a direct result of businesses successfully adapting to the challenges faced in the recession. As this month’s figures show, flexibility has enabled our labour market to flourish. Employers are growing increasingly confident in the UK economy and making positive hiring decisions as they look forward to next year.” 

August’s JobsOutlook survey of employers reports that:

  • In the next three months, 96% of employers plan to increase (49%) or maintain (47%) their permanent workforce.
  • In the next year, 97% of employers plan to increase (44%) or maintain (53%) their permanent workforce.
  • In the next three months, 93% of employers plan to increase (33%) or maintain (60%) their temporary workforce.
  • In the next year, 95% of employers plan to increase (31%) or maintain (64%) their number of temporary workers. 

Employers were also asked about their use of zero hours contracts. The poll revealed that just over a quarter (27%) employ at least one person on such a contract, while two thirds say they do not use them at all. 

Commenting on the response to this topical question, Kevin Green added: “Zero hours contracts are just one example of employers using flexibility to meet fluctuations in demand to ensure that their businesses survived the recession and that they kept their staff in work.”

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