Monthly Archives: January 2014

Smart Moves Recruitment – finger on the pulse!

We said in our first January blog that all the indications were there regarding an upturn in the job market – how right were we?!  The Recruiter magazine has just released the following article:

Permanent jobs on the way up

The UK recruitment industry is poised for a recovery in the permanent jobs market following this morning’s announcement that unemployment fell to 7.1% between September and November 2013, according to a recognised economist and recruitment industry consultant.

The figures confirmed the pace of the UK’s economic recovery, as unemployment fell by 167,000 to 2.32m compared with the previous quarter, and the number of those in work soared by 280,000 to 30.15m, the largest rise since records began in 1971.

The figures, which compare the three months to the end of November 2013, with previous quarter between June and August 2013, reveal that 220,000 of the 280,000 new jobs were full time, reversing a previous trend that had seen many people forced to take part-time work.

Unemployment was down 167,000 quarter-on-quarter, the largest fall since 1997 and the lowest level since April 2009.

A compiler of Recruiter’s HOT 100, tells recruiter.co.uk: “Overall these figures confirm that the UK’s economic recovery is now really beginning to benefit the labour market. As a whole, workforce temporary employee levels are now broadly stable and the employment climate is improving so much, the recruitment industry will be poised for a recovery in the permanent market, as well as a continuation of some temporary growth.

“The only ‘negative’ perhaps is that unemployment is improving so quickly that the Bank of England will soon be freed by its own guidance to raise interest rates whenever it sees fit – certainly sooner than originally predicted.”

John Salt, website director at totaljobs.com, adds: “Today’s figures are further proof of economic improvement. Employers should recognise this as a signal to invest in people and take advantage of the recent growth.

“Jobseekers should now be more confident of finding employment in 2014 as growth forecasts are revised upwards for this year. The government will look to capitalise on this positive data as they continue preparing the next Budget, which should include further incentives for businesses to take on staff.”

Reaction

The prime minister tweeted  in response to the news, saying: “The biggest quarterly increase in employment on record. More jobs means more security, peace of mind and opportunity for the British people.”

Today’s figures come as PwC’s Global CEO Survey, launched at the World Economic Forum in Davis yesterday, indicated that UK bosses are the most confident in the world, with 65% saying they plan to increase their company’s headcount this year, compared to 45% in 2013.

All sounding like a pretty good start to 2014!

New Year, New Start!

Hands up who looks forward to January?  Hands up who doesn’t?  The start of a new year really does divide all of us into two camps: love or hate!  Whether you’re an optimistic or a pessimist, it’s certainly looking good for the UK economy in 2014!  Here’s what the experts are saying… 

The UK will be the West’s fastest growing economy at the beginning of 2014, according to a report.

The UK Business Confidence Monitor, put together by accountants Grant Thornton and the Institute of Chartered Accountants in England and Wales (ICAEW), hit +24 during the third quarter, the highest reading since Q2 2010.

It follows a preliminary report from the Office for National Statistics (ONS) which, based on 40% of the available data, suggests the UK economy grew by 0.8% in the three months to the end of September 2013.

“If our forecast is right, it will mean the UK is set to be the fastest growing economy in the western world going into 2014,” said Michael Izza, ICAEW chief executive.

“UK business confidence has now been rising for over a year, the longest sustained period since 2007. As significantly, there are some signs that the economic recovery is broadening to encompass business investments and exports.

“If this trend continues, the economy will have some strong foundations on which to build in 2014 and beyond.”

(Source International Business Times)

Here at Smart Moves, we’ve certainly seen an increase in recruitment requirements.  Bearing in mind it’s the first full week back after the Christmas/New Year holiday, the signs are very promising!

We believe that a lot of people have wanted to progress their career over the last 3 years’, but have been apprehensive to do so due to the precarious situation of the economy.   Now is certainly the time to ‘grab the bull by the horns’ and start thinking about the future and where you see yourself. 

Start by looking at where you are now and then set yourself your ultimate goal of where you want to be.  If these goals are one of the same, then congratulations, you’re in your ideal job!  However, if this is not the case, start mapping out the jobs you would need to secure in order to help you along your way.  This may also result in you returning to college or university in order to fulfil your dream, so enjoy the journey! 

If you start to get disillusioned with your job, then remember….

Either you run the day, or the day runs you!