Professional hiring up again as economic forecasts improve

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Professional recruitment companies are now offering six percent more vacancies to job seekers than this time last year, new research from the Association of Professional Staffing Companies (APSCo) has found.

This follows a pattern suggested by recent figures released by the Office for National Statistics (ONS), which reveal that employment levels increased by 177,000 in the three months to September.

The numbers compiled by APSCo reveal that growth in the professional recruitment market continues to climb across many of the trade association’s core groups. For example, full-time vacancies in finance and accounting, media and marketing are all up year-on-year.

The impressive figures follow recent reports that UK exports and business investment made the biggest contribution to the country’s growth during the last half decade. Official figures also show that living standards have returned to pre-recession level.

The financial and accounting sector boom is mirrored by research from  Morgan McKinley, which found that the number of new vacancies in financial services in London rose by seven percent in October 2015, suggesting that London is proving to be the engine room of the economic recovery.

 

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