Tuesday, 28 September, 2021
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UK employers have strongest hiring plans in over 8 years

UK employers have strongest hiring plans in over 8 years

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LONDON: British employers plan to increase staff numbers by the most in more than eight years over the coming months and few intend to make staff redundant when government furlough support ends next month, a survey showed on Monday.

The quarterly survey by Britain’s Chartered Institute of Personnel and Development added to signs of labour market shortages as the economy emerges from the coronavirus pandemic, though it offered less evidence of wage or inflation pressures, report agencies.

The CIPD said the net employment intentions balance - the difference in percentage points between employers who are hiring and those cutting staff - rose to +32 from +27 three months earlier, its highest since the survey began in early 2013.