Fact Service July 2020

Issue 30

Hiring confidence grows

Employers are becoming more confident about hiring staff, but remain gloomy about the economy, according to the Recruitment and Employment Confederation (REC).

The REC’s latest JobsOutlook survey found that employers’ confidence in making hiring and investment decisions rose to a net level of +4 in the first half of July.

This was up from net -9 in June, and indicates that more organisations planned to hire staff than to reduce staff numbers.

The REC’s Jobs Recovery Tracker suggested that 1.05 million job vacancies were posted in the week 6 to 12 July, up from 990,000 in the last week of June.

https://www.rec.uk.com/our-view/news/press-releases/jobsoutlook-hiring-confidence-returns-positive-territory-wider-outlook-remains-gloomy