Growing Permanent Jobs A Much Awaited Relief For Youth
Unemployment has always been a matter of concern for the youth even after having enough education and qualifications
. Simultaneously when they have the job, they are then cynical about the longevity of the job. But, there is great news for them; they can find permanent jobs in a large number. According to a latest survey done by recruitment agencies, the number of permanent jobs has grown at its fastest pace since February. The people placed in permanent jobs are now much relieved. This shows that the recovering economy is an immense relief for the world.
The report released by the Recruitment and Employment Confederation (REC) shows that its monthly index of permanent staff placements has increased from 51.2 to 53.2 for the second month. Its readings have also shown growth above 50 indicate. In the same way, with the sharp increase in openings for the permanent jobs, the overall demand for the employees has also increased at a very fast pace in the last four months. Bernard Brown, head of business services at accountants KPMG who co-sponsored the survey contentedly stated that the latest report has remarkably elevated the hopes of a spring revival in the job market.
According to the data available, the unemployment rate in Britain has unexpectedly stabilized at 8.4 percent in December as the employment and openings increased and companies are offering a good number of permanent jobs as a result the number of jobless people reduced as compared to November. While Recruitment and Employment Confederation (REC) chief executive Lekvin Green still anticipates that the unemployment will remain increasing slightly over the subsequent months and he also believes that these growing indicators of hiring shown by the private sector will probably improve in the labor market by the end of the year 2012 or early 2013. Apply with instant loans for bad credit and get quick cash instantly.
KPMG's Brown reluctantly threatened the labor market by making an additional statement that the market would remain fragile and pressure on wages would continue to mount with the time. As per the Recruitment and Employment Confederation (REC) report, cash-strapped Britons is likely to draw some comfort from the survey as for the almost two years the shop prices have increased at slowest pace after the biggest fall in non-food prices since November 2009. He also emphasized on the reasons why the employers are cautious even if they have enlarged their spending budget on temporary staff for the third consecutive month in February.