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UK — Hung parliament could stifle 'green shoots' in construction and manufacturing

20 April 2010

Research carried out by de Poel, the expert procurers of temporary agency labour, reveals that temporary agency labour usage in the construction sector has seen a +101% increase since January 2010, indicating that the industry is seeing a rapid recovery from the economic downturn. The manufacturing industry has also witnessed an increase of +22% in temporary agency labour use since January 2010.

The research also reveals significant concerns emerging amongst the business community that economic recovery could be reversed if there were to be a hung parliament next month.


Matthew Sanders, C.E.O of de Poel Consulting, said "a political stalemate resulting from a hung parliament, will have a far more damaging effect than witnessed following the 1974 election. With an uncertain future, a sharp fall in the pound, coupled with a mishmash of policies and legislation uncertainty is extremely likely. This will hinder the industries 'at the coal face' who will feel the brunt of a political deadlock. A thriving economy needs, confidence, leadership and hope."

"As we witness the first signs of an upturn, temporary agency recruitment has become even more appealing, allowing businesses to respond to market growth without having to invest in permanent staff while the market remains unstable."

 

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