Although latest figures show a drop in confidence amongst employers, hiring intentions remain positive.
That’s according to the Recruitment and Employment Confederation’s (REC) recent JobsOutlook report, which found that in Q3 2022, employers’ confidence in both the UK economic outlook and their own ability to invest in their business declined significantly, with both measures surpassing the lows of the pandemic.
However, the immediate outlook for hiring remains optimistic – hiring intentions for temporary workers were +6 over the next three months and +4 over the next year.
Neil Carberry, Chief Executive of the REC, commented on the findings, “The hiring challenges that firms are facing right now may be insulating the jobs market from dropping employer and candidate confidence.”