Boost for employment as more firms get back to full strength

Ben Southwood
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MORE FIRMS than at any time in the past three years are back to pre-recession hiring practices, according to a survey out this morning.

Sixty-one per cent of firms told a survey from the Confederation of British Industry and KPMG that they were hiring in a way that would have been normal before the onset of the downturn, up from the just 16 per cent who said so in June.

And the fraction of businesses who were freezing recruitment fell from 51 per cent to 31 per cent, bolstering the cheery tone for employment coming out of the survey.

These figures will add to hope that the current strong employment situation can continue into 2013, despite various forecasts that GDP will be revealed to have turned back into decline in the fourth quarter.