Private sector in jobs boost
THE private sector remains on course to create more than enough jobs to offset planned government sector cuts, with highly-trained people most in demand, a leading business group will announce today.
Nearly a third (31 per cent) of private sector companies expect to boost their permanent recruitment over the next six months, a survey from the Confederation for British Industry (CBI) revealed.
“In 2011 and 2012, private sector job creation is forecast at 85,000 and 180,000 respectively,” the CBI forecasts, despite sluggish economic growth.
“People with higher level skills, professional, technical and sales experience are most in demand,” commented Albert Ellis of recruiter Harvey Nash, which helped conduct the survey.
The commercial sector added 520,000 jobs in the year to March, separate data from the Office for National Statistics showed last week.
Yet the UK has become a less attractive place to invest, according to 61 per cent of employers asked by the CBI.
Over three-quarters (77 per cent) cited employment regulation as their primary concern. Regulation is harming the relationship between employers and employees, the CBI said.