London can expect a jobs boom in early 2016, with employer’s hiring intentions higher than those of the national average.
A report out today by Manpower, based on responses from 2,102 UK employers, has found that London’s seasonally adjusted employment outlook is nine per cent, which is the net proportion of employers in the region who intend to increase their workforce the first quarter of 2016, compared to a national average of seven per cent.
“As we head towards the mayoral elections, confidence really does seem to have improved in London and this is beginning to be reflected in the increasing number of permanent roles along with a rise in pay,” said Paul Laurie, operations manager at Manpower UK. “We are seeing a growing candidate shortage with increasing reliance on headhunters as employers struggle to fill key positions.”
However, the capital failed to outpace the Northern Powerhouse, as the employment outlook for the North East and North West was calculated as nine per cent and 11 per cent respectively.
Businesses in the wider region of the South East have the strongest hiring intentions, with a ranking of 12 per cent, while, at minus two per cent, Northern Ireland was the only region where more employers expected to be letting staff go instead of taking them on.