A major global survey of employment trends has found that recruitment activity in the British professional job market has improved over the past year.
In its latest ‘Global Snapshot’ survey, global search and selection specialist, Antal International, asked over 10,500 companies in major markets across the world whether they were currently hiring or firing at professional and managerial level and if they were planning on doing so in the next three months.
The report found the United Kingdom’s job market has improved by 10% year-on-year as currently 56% of organisations are looking to hire at a managerial and professional level. This is the highest score for the Western European region and represents a figure 5% above the global average. The percentage of businesses currently shedding staff has remained flat from June 2013 but is expected to drop significantly in the next three months, reflecting the UK’s focus on talent management strategies.
Particularly sought after are specialists in agriculture, education, energy, law, pharmaceuticals and utilities as nearly all respondents in these sectors indicated they are currently taking staff on. Other in demand areas are basic materials, security services and defence.
“With the global economy showing signs of stuttering growth, it’s encouraging to see so many organisations across the globe reporting increased hiring activity on the last edition of the Snapshot,” says Antal Chairman, Tony Goodwin. “At the very least these results indicate increased stability within the market. While some areas around the world face continued difficulty, on the whole the signs are promising. A number of key economies have shown really impressive growth including China, Poland and the UK to name a few. It remains difficult to paint a complete picture but signs from some markets show growth and an indication that for many, the time for doing more-for-less is over. It will be interesting to see how this develops in the next quarter, but for now the signs are promising.”
Roy Simpson, Antal Managing Partner, adds; “We’re starting to see the recovery have an impact on business plans to hire, with more than half of firms boosting staff numbers next year. It’s good to see jobs being created across most regions, not just London and the south-east, as the private sector workforce looks set to grow across the board, with Yorkshire, Humberside and the East Midlands the most buoyant.”