Hiring returns to positive territory for the first time since the beginning of 2022, according to new Recruitment & Employment Confederation (REC) data.
Recruitment has been a rollercoaster over the last 3 years, is a massive understatement. With a global pandemic, rush to hire post lockdown and talk of a recession, hiring confidence has not been there. The good news is that employer confidence in hiring returns to positive territory for the first time since the beginning of 2022, according to new Recruitment & Employment Confederation (REC) data.
In February-April 2023, the net balance of employers’ confidence in making hiring and investment decisions was +2, restoring to positive territory the first time since January-March 2022. Employers’ confidence in the UK economy has also started to improve to -43 from -51.
As confidence improved, employers reported that forecast demand for both permanent and temporary workers in the next 3 months rose to +18. Hiring intentions for permanent staff in the next 4 to 12 months also rose to +21 from +19.
Job search
Recruiter