UK firms have started hiring as confidence in the economy starts to rise, freshbusinessthinking.com reports.
With the government outlining new funding packages for small businesses to help promote growth, confidence is on the rise, which has led to an increase in new positions being created.
The new Report on Jobs by the Recruitment Employment Confederation (REC) and KPMG has found that declining permanent hire figures came to a halt in August, while temporary and contract placements saw a rise.
This increase in temporary or agency staff members suggests that businesses are looking for relief after improved conditions prompted an increase in orders. Should this trend then continue in the long term, the positions being created would then become more permanent roles.
Specifically, the nursing, medical and care sectors were among the most prolific hirers, whilst the London jobs market remained strong, albeit amid strong competition from the Midlands, where some of the strongest growth was witnessed.
Speaking to vapromag.co.uk of the results, head of business services at KPMG, Bernard Brown, explained: “With question mark’s still hanging over the long-term state of the economy, it would be easy to suggest that an upward curve in the jobs market is nothing more than a blip.
“But the truth is that, in some parts of the country, we are actually seeing a growth in the number of companies recruiting and where there is a decline it is now virtually insignificant.”