Rise in London recruitment could set trend for rest of the UK, report says
The Recruitment and Employment Confederation said its research suggests boosting permanent staff numbers in the capital is a positive sign for the UK economy
Last updated 5th Aug 2024
A surge in plans by employers in London to recruit staff could be a bellwether for the rest of the country, according to a report.
The Recruitment and Employment Confederation said its research suggests boosting permanent staff numbers in the capital is a positive sign for the UK economy.
Its deputy chief executive Kate Shoesmith said: "The surge in London employers' intention to hire is hugely promising because the capital is both a bellwether for the UK economy as a whole and an important signal to international investors.
"There have been signs of a turn in the labour market in recent months, and so now we need this positivity to extend to businesses across the UK.
"Such a snowball effect is especially helpful for graduates and school leavers who are looking to take their first steps on the career ladder this summer, and those trying to get back into the labour market after time off work.
"The new Government must seize on this air of optimism with labour market reforms that help rather than hinder employers' ability to attract and retain workers.
"We urge Government to work with us as they develop plans for a new Employment Rights Bill and on the proposed industrial strategy, so it is under way sooner rather than later."