16 Nov, 2012

Labour Market statistics

16 Nov, 2012

Commenting on the latest ONS Labour Market statistics released today, Gerwyn Davies, Labour Market Adviser at the Chartered Institute of Personnel and Development (CIPD), comments: “Employers have continued to focus on keeping labour costs down and a combination of pay restraint and a higher proportion of part-time and temporary work has enabled them to take on more staff.  Of particular note this month is the disproportionately large increase in part-time employment.  Almost half of the employment increase is due to part-time employment, and almost all of this increase is accounted for by women.”

“Despite the positive headline figures, the high proportions of part-time and temporary work suggest that many employers remain cautious about adding to their long-term cost base.  Business confidence has improved in recent months but is still fragile.  So while we may see further short-term increases in employment – as indicated in CIPD’s Labour Market Outlook – it may be some time before this translates into the permanent positions that most job-seekers prefer.”

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