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September 8, 2009

Finance sector jobs set to rise

by Gill Montia

Story link: Finance sector jobs set to rise

The UK’s finance and business services firms are expecting to hire more staff during the final three months of 2009, according to the latest Manpower Employment Outlook survey, which measures employers’ staffing plans.

The recruitment agency says that at +1%, the index for the sector is in positive territory for the first time since the third quarter of 2008.

The authors of the report therefore conclude that “modest” headcount gains are likely before the New Year.

However, the survey puts the overall index for the UK at -2%, meaning that unemployment is expected to continue rising in the final quarter of the year.

In terms of sector job losses, the transport and communications industries have the weakest employment outlook, at -10%, with hotels and restaurants following on at -7%.

Meanwhile, employers in the utilities sector are the most optimistic with an employment outlook of +7%.

The research also reveals modest outlooks in the community and social sector, at +3%.

 

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