Recruiter says jobs boom will continue to the end of the year

Ben Southwood
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THE UK'S jobs boom, which has continually surprised analysts and defied the double-dip recession, will endure through to the fourth quarter of the year, recruiter ManPower said today.

The outlook for employment in the UK stands at +3 per cent, its strongest level since 2008, the group said, implying employers will continue to hire new staff through to the end of the year.

“The final quarter of 2012 is set to be the strongest in five years,” said James Hicks, managing director at ManPower.

“That’s news in its own right, because normally there’s a tail-off in the fourth quarter,” Hicks added.

“But this is especially notable in the midst of a double-dip recession,”he went on. “And particularly because firms of all sizes are preparing to increase their employment.”

The strongest growth will be in business services and retail banking roles, the survey suggests.

But Hicks warned that excessive labour market regulation could put a spanner in the works.

He pointed to the growth in non-traditional employment, and said that this sector could be severely hamstrung if the government didn't slash labour market red tape soon.