Economic recovery drives higher job confidence

The UK’s economic recovery is driving greater confidence in people’s ability to find work, according to new research.
Fri, 28 Mar 2014
The UK’s economic recovery is driving greater confidence in people’s ability to find work, according to new research.

The National Careers Service Job Confidence Index shows that the nation's job confidence is increasing, with four out of five people (79%) more confident or having the same confidence levels in their job and ability to find work compared with November 2013 when the last index results were available – an increase of 3%.

The research shows the main driver behind the nation's increase in job confidence is the economic recovery, with 57% claiming they are more confident as a result of improving business outlook – (an increase of 15 percentage points from 42% in August and November).

A third of people also attributed their increase in job confidence down to more opportunities being available (34%) and having the right skills/qualifications (32%).

The overall national job confidence score has increased by 2.1 points since November 2013, increasing from 53.5 to 55.6 out of 100. An increase of 3.8 points since the first index was released in August 2013.

The survey by market research company ICM shows that overall job confidence is increasing across all regions and sectors of society, including the unemployed. The North-East and West Midlands saw the biggest leaps in job confidence compared to three months ago.

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