Jobs market improving as state looks to replace staff it has cut

Marion Dakers
THE OUTLOOK for the UK jobs market is at its strongest level since before the recession, though hiring in the public sector is set to outpace private job creation in the second quarter of 2013, according to a survey by recruiter Manpower.

A net balance of six per cent of companies plan to recruit in the three months to the end of June, compared to seven per cent of public bodies surveyed by the firm.

The return to hiring within the state could be as a result of cutting too many jobs while implementing budget cuts, Manpower said, though the figures are at odds with other employment surveys suggesting that public sector vacancies are falling.

Business and financial services firms have a rosier outlook, with a net balance of 13 per cent planning to recruit.

However, many of these roles are likely to be positions linked to PPI and interest rate swaps claims.

“These extra jobs are not a sign of a thriving banking sector looking optimistically to future growth – these roles are all about clearing up mistakes from the past,” said UK boss Mark Cahill.

London’s firms are slightly sunnier about hiring in the coming quarter than the national average, with seven per cent expecting to take on staff.