Rise in hiring as economy starts growing

 
Tim Wallace
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JOB vacancies in the UK rose at their fastest rate since November 2008 last month, led by a boom in IT hiring, according to data out today from an online recruiter.

Opportunities rose eight per cent over the year to March, the Monster Employment Index showed, with IT vacancies up 25 per cent to their highest level since February 2008.

“The outlook for the UK does remain mixed, but more than two thirds of industries across the UK have exhibited annual growth which indicates that the job opportunities online are picking up again,” said Monster’s Julian Acquari.

However, forecasts out yesterday from the Institute for Public Policy Research (IPPR) pointed to a less upbeat outlook for jobs.

Its analysis suggests 100,000 public sector jobs will be lost this year and 200,000 private sector positions created.

However, they also expect the workforce to rise even more quickly, leaving unemployment 100,000 higher by the end of 2012.