EEF, the manufacturer’s organization has experienced a hike in recruitment levels over this summer. Perhaps, the employment market isn’t so scant after all.
The Manufacturing Outlook report of the EEF revealed that companies had increased their recruitment size. It is almost the double of what the original figure used to be, indicating a 17% increase in the recruitment.
EEF has been conducting this survey since 1995; their results are unquestionable to a great extent. The organization also questioned different employers and their personal prediction about the coming job trends in the market.
Respondents believe that the job trend is being fueled by a demand for temporary arrangements or agency working, which offers employers the flexibility to hire people on mass level. This apparent “boost” is probably expected to last on short term basis. But for now, the boost has reached unmatched record levels for the second quarter of 2010, in succession. Performance also quells to be driven by the strength of the overseas market.
The Chief Economist of EEF – Lee Hopley said, “Manufacturers have continued to reap the rewards of growth in overseas markets with the upswing being felt across all sectors and regions. Not only has this continued to translate into better employment prospects but the recovery in investment has begun much earlier in the cycle than after previous recessions.”
Natalie on Tuesday, September 7th, 2010 at 5:04 pm