Confidence falls for third month in a row says JobsOutlook survey

Confidence in the UK economy has fallen for the third consecutive month, according to the latest ‘JobsOutlook’ survey by the Recruitment & Employment Confederation (REC).

The latest findings of the monthly ‘JobsOutlook’ survey of 600 employers reveals an increasing number of businesses think that economic conditions are worsening, with the net balance falling from -3 in August to -7 in September and -9 in this latest report. 

The net balance of employers planning recruit more temporary agency workers within the next three months has also fallen to -9 across all sectors, although demand for temporary workers within low-skilled occupations such as drivers and hospitality remains positive.

This month’s survey also shows:

• Almost seven in 10 employers (69%) state that they are using agency workers to cover leave or absences, making it the number one reason to hire agency workers
• Two in five (42%) employers said they had no spare workforce capacity
• In the health & social care sector, employers feared a shortage of temporary and permanent candidates

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