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There are signs that increasing confidence has led to more jobs being created by small and medium sized firms in Wales over the last three months, reports the BBC. The Federation of Small Businesses (FSB) and Welsh recruitment company, Acorn, have found employers are becoming more willing to take on staff.
The findings apply across various different industries, with figures from July to September showing that 1.38 million people are employed in Wales, a rise of 22,000 compared with 2012.
Dr Rachel Bowen, of FSB Wales, commented: “We're seeing evidence of the recovery really starting to take hold in Wales”
Acorn reported that it was seeing increasing demand for permanent and temporary staff particularly in construction and trades like painters and plasterers. Although the sample size is small, it showed most firms were increasing their number of employees, making it the first FSB survey to show improvement since data collection began in 2010.
The survey also found that most companies remain confident of an improving outlook for business though there are also concerns over a lack of skilled staff.
'Economy's picking up. This is translating into jobs. We know it's small firms creating most of the jobs from figures from the Office of National Statistics (ONS) so it's good to see small businesses driving forward the recovery," Dr Bowen added
According to the report, employment often lags behind other measures when assessing whether an economy is recovering from a recession. Taking on staff is an added cost so businesses tend to be wary of increasing employment until they are confident they need the extra workforce and can sustain it.
Recruitment company Acorn said construction and trades have seen the greatest increase in employment for the last five years. It also said there had been growing availability for driving and logistics jobs in the last six months.
Dan Langford, Director of Acorn, stated: "Employers steadily over the course of 2013 have indicated they're looking forward over the next six to 12 months to take more and more people on. Across the board, there's definite growth not just in temporary and contract roles but also in permanent positions, which is clearly important in understanding what the economy means to us."