Job declines 'slowing'
Jun 04 2009
New research suggests employment conditions are easing, as the job market deteriorated at a slower pace in May.
The Report on Jobs, carried out by the Recruitment and Employment Confederation (REC) and professional services consultancy KPMG, shows that permanent and temporary staff appointments fell again during May.
However, the study reveals that the rate of decline eased from the record falls in vacancies which were reported in February.
Kevin Green, chief executive of the REC, says: 'This month's Report on Jobs shows that vacancies and appointments continue to decline, however there are some signs of recovery.'
One example of this shown in the study is 60 per cent of recruiters experiencing a stable or increased demand for temporary workers over the month.
Mike Stevens, partner and head of business services at KPMG, says that the study indicates that the UK jobs market may have overcome the worst of the recession, noting this is the third successive month the rate of decline has slowed.
The findings contrast with the latest Labour Market Outlook from the Chartered Institute of Personnel and Development, which claimed firms expect the jobs market to shrink over the next three months.
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