Data shows that employers’ confidence in the prospects for the UK economy plummeted this month, according to the Recruitment and Employment Confederation’s latest JobsOutlook report.
Tags: Economy
Advertised salaries reach standstill as optimism in job market stutters
Advertised salaries reached a standstill in March, as a slowdown in the jobs market takes hold according to the latest UK Job Market Report from Adzuna.co.uk.
UK economy makes unexpected surge
Despite fears that the global economy is about to hit the buffers, the UK economy has steamed ahead of predictions over the last economic quarter. The economy grew by 0.6 percent in the fourth quarter of 2015, higher than the previous estimate of 0.5 percent.
George Osborne takes long term view with eighth budget
George Osborne will unveil his eighth budget today, nearly one year into the first fully Conservative administration since 1997.
Chinese economic growth slumps to lowest level in 25 years
The word ‘recession’ is once again on the lips of some of the world’s leading economists and the latest news from China will only act to add fuel to fire. It has been announced that China’s economy grew by 6.9 percent in 2015, compared with 7.3 percent last year earlier.
BT ups the ante: Creates 1,000 new British jobs
The British economy, and indeed the world economy, is giving off decidedly mixed signals at the moment. While there is a general feeling of mild panic and stocks waver in the face of Chinese weakness, there are also flashes of good news.
European investment growing with British economy
Figures published today by the European Investment Bank (EIB) show that investment by the EIB in the UK increased to €7.77 billion in 2015, up 10.8 percent on the previous year’s lending
Sainsbury’s reports better Christmas sales than expected
Contrary to Next’s report of particularly low sales over the Christmas period, this year Sainsbury’s has reported that its sales were better than expected.
After bad week world economy rallies on the back of US job figures
If another recession is on the cards, then the news is not all bad for the HR industry. During the last downturn HR departments often grew in size as they were tasked with the organisation of redundancies.
Employers commit to ‘jobs for all ages’ in pledge letter
A number of business leaders have pledged to invest in methods to tackle demographic change. Seventeen employers from various sectors including care, housing and finance, have signed an open letter promising “to help make our ageing society and economy more sustainable”.
Pay and jobs jump yet still jobless claimant count stays stubborn
The UK economy continues to grow, new figures have shown with a record number of people working and the amount being paid in salary also on the rise. However the outlook is not all rosy, there was a rise in the number of people claiming job seeker allowance, although the overall number of those out of work fell.
UK economy to grow by 2.5 percent this year, predicts NIESR
The rebound in GDP growth in the second quarter of 2015 confirms the weakness at the start of the year was merely temporary, the National Institute of Economic and Social Research (NIESR) has forecasted this week.
Businesses plan to hire more staff as economic conditions improve
Three in four firms are set to hire more staff as the economic conditions for businesses improve, according to a new survey by the Recruitment and Employment Confederation (REC).
“A positive start, but much more to do”, says BCC to Ministers
A number of positive steps have been taken by the UK government to support British business in the first parliamentary session since the election. However, there are still areas of concern that remain unaddressed, says the British Chamber of Commerce (BCC), one of the UK’s largest and most influential business groups.
Government productivity plan hopes to increase UK’s GDP
The government have announced a new productivity plan that hopes to boost the GBP by 31% and also wants to streamline the educational system to create set routes into high skills jobs.