More than half of UK firms intend to recruit new employees

According to new study, over half of UK employers plan to hire employees in the next three months.

It was the first optimistic indication of job opportunities it had seen in a year, the human resources agency, the CIPD, said.

In the first three months of 2021, about 56 percent of the 2,000 companies surveyed were preparing to recruit.

Healthcare, finance and insurance, education and ICT are among the industries with the highest recruiting intentions.

According to Gerwyn Davies of the Chartered Institute of Personnel and Development (CIPD), which conducted the survey with the recruitment agency Adecco, “Our findings suggest that unemployment may be close to peak and may even undershoot official forecasts, especially given the reported fall in the supply of overseas workers,”

The survey also showed that, relative to the previous three-month period, the number of companies preparing to make redundancies in the first quarter of 2021 fell from 30 percent to 20 percent.

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As per the Office of National Statistics, the most recent unemployment rate for September to November was 5 percent (ONS).

This is a 0.6 percent rise over the previous three months, which means that 1.72 million people were unemployed.

In November, there were 819,000 fewer jobs on UK business payrolls than at the beginning of the pandemic, ONS figures show.

Some 292 British employers made plans to slash jobs in January, the lowest number since the pandemic started, according to statistics published by the Insolvency Service in response to a BBC Freedom of Information request.

Source: BBC News