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March 2012 - Business Support

The latest market research from recruitment company Manpower indicates that the UK labour market may be shifting to a more positive scenario, since firms are now looking to hire more staff rather than reduce their workforce.

Manpower’s survey of more than 2,000 companies concludes that businesses are encouraged by signs of economic growth, particularly in the East Midlands and the north-west of England.

In addition, many companies in London are feeling a boost of positivity in preparation for the upcoming influx of tourists for the Olympic Games.

UK Managing Director at Manpower, Mark Cahill commented: "It does feel like we're turning a corner when it comes to the jobs market. Businesses that were battening down the hatches in the last quarter appear to be considering taking on staff. We've noticed much more flexibility among employers, particularly in the market for permanent hiring."

Nevertheless, the survey discovered a more negative outlook in the south-east and eastern England, as well as Wales.

Governor Sir Mervyn King has said that he predicts the UK economy will avoid a double-dip recession, however he warned that although some businesses have seen things pick up at the start of the year, it might not last as buoyantly.

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