Recruitment intentions among LMO employers fall to 54%

The latest research from the Chartered Institute for Personnel and Development (CIPD) has shown employment will continue to grow in the first quarter of 2014, but less so than the fourth quarter of 2013.
Mon, 17 Feb 2014 The latest research from the Chartered Institute for Personnel and Development (CIPD) has shown employment will continue to grow in the first quarter of 2014, but less so than the fourth quarter of 2013.

The Labour Market Outlook (LMO) winter 2013–14 report shows recruitment intentions among LMO employers has fallen to 54% from 65% during the past three months.

This is the lowest proportion planning to recruit staff since the LMO survey began in spring 2011.

Recruitment intentions are particularly buoyant in financial, insurance activities and real estate (71%), the accommodation, food service activities and arts, entertainment and recreation sector (63%) and in manufacturing (62%).

More than two-thirds of employers in the voluntary and not-for-profit sector (67%) plan to hire in the first quarter of 2014.

Additionally, SME (small to medium enterprise) employers are significantly more positive about their employment prospects (+40) than large employers (+5).

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