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Most UK firms 'not planning to hire' in Q3
Thursday, 10 June 2010
Graduates have been dealt a blow with news that most UK employers have subdued hiring intentions for the third quarter of 2010.
The latest Manpower Employment Outlook Survey revealed that just seven per cent of firms plan to take on new staff during the three-month period.
In addition, 87 per cent of respondents predicted that there will be no change in their workforce, while five per cent said they expect their headcount to decline.
Taking the figures into account, the study returned a net employment outlook (NEO) score of two per cent, or one per cent when seasonal adjustments are incorporated.
However, there was better news for university leavers in the year-on-year assessment of Q3, which saw hiring prospects increase by six per cent.
The research revealed that employers in the east Midlands are the most positive about boosting their staff numbers, returning an NEO of ten per cent.
Meanwhile, Dan Hawes, co-founder of the Graduate Recruitment Bureau, suggested this week that the graduate jobs market is "picking up".