Survey reveals employment continues to grow in private sector

| July 7, 2010 | 0 Comments

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed staff appointments in the private sector grew in June, albeit at the slowest rate for five months.

The survey, which questions 400 recruitment firms, showed a strong rise in permanent staff placements, with engineering and construction growing.

Commenting on the data, Rec’s chief executive, Kevin Green, said: “This is an encouraging sign that the jobs market is stable and, in some sectors such as construction and engineering, rapidly growing.

However, the report showed concern for the number of job losses expected within the public sector, as a result of the Government‘s massive spending cuts, which could leave hundreds of thousands of public sector workers seeking employment.

Furthermore, the report expressed fears about young jobseekers. According to Mr Green: “Youth unemployment is one of the most pressing issues we currently face in the UK and needs to be urgently addressed.”

Last week, a report by the Higher Education Careers Service (HECSU) said cuts to public spending could see Graduate unemployment surge to record levels.

The HECSU said Graduates will be badly affected by the cuts since so many of them are recruited in the public sector.

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