Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

UK employers become slightly more confident about hiring - survey

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/28/2018 | 08:44am CEST
Workers cross Westminster Bridge during the morning rush hour in London in Britain

LONDON (Reuters) - British employers turned slightly more confident about hiring staff between December and February, according to a survey conducted before Britain struck a Brexit transition deal between the European Union.

The Recruitment and Employment Confederation (REC) said 28 percent of companies expected to become more confident about hiring workers, compared with 19 percent who said less.

The survey of 600 companies was conducted between Nov. 24 and Feb. 28.

This month Brussels agreed a political, if not yet legal, deal to let Britain stay in the bloc's single market - but without a vote - for 21 months after Brexit next March.

"The announcement that EU workers who arrive in the transition period can stay is a positive step, but businesses need to know what access they'll have to EU workers after that time period so they can plan ahead effectively," Tom Hadley, director of policy at REC, said.

The survey showed only 17 percent of employers planned to increase permanent staff over the next four to 12 months.

"Employers are potentially turning to temps, which could bring opportunities to candidates interested in temporary work and the flexibility it affords, but is also a sign employers are affected by economic and political uncertainty," Hadley said.

Official data have pointed to a healthy labour market for the time being.

British workers' overall pay rose at the fastest pace in more than two years in the three months to January, bolstering the chances that the Bank of England will raise borrowing costs in May. The data also showed the number of people in work grew by 168,000, double the forecast in a Reuters poll of economists.

(Reporting by Andy Bruce; Editing by William Schomberg)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
05:40aSingapore competition watchdog fines Grab, Uber $9.5 million
RE
05:33aAsian shares wobble as China cancels trade talks with US; oil rallies
RE
05:32aAsian shares wobble as China cancels trade talks with U.S.; oil rallies
RE
05:24aDEPARTMENT OF FINANCE AUSTRALIAN GOVERNMENT : Breaking ground on Western Sydney Airport
PU
05:19aUNITED NATIONS GLOBAL COMPACT : recognizes ten business leaders for championing the Sustainable Development Goals
PU
05:19aUNITED NATIONS GLOBAL COMPACT : UN Global Compact recognizes most engaged companies at Leaders Summit 2018
PU
05:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
05:16aNEWS HIGHLIGHTS : Top Company News of the Day
DJ
05:14aNew U.S., China tariffs set to take effect, no compromise in sight
RE
04:28aWORLD BANK : Higher Productivity is Key to Prosperous Philippines – World Bank
PU
Latest news "Economy & Forex"
Advertisement