Recruiters point to strongest fourth quarter since the crash

EMPLOYERS are set to take on more staff in the fourth quarter, with one recruiting group foreseeing the best end to any year since before the financial crisis.

According to research published yesterday by Manpower, 2013 is likely to have the strongest fourth quarter for hiring since 2007, as the budding economic recovery begins to translate into new jobs.

While 83 per cent of employers told the group that they did not expect to change their staffing situation, 12 per cent expect to hire more, the highest for any quarter this year. Only five per cent expect to cut back on employees in the last three months of the year.

Manpower notes that Barclays and Lloyds have raised their funds to deal with mis-sold payment protection insurance claims, and the new staff needed to deal with the issue will continue to boost employment figures.