Recruiters Help Get Economy Back On Track

If you thought recruitment companies had little to offer the economy, think again. Recent research revealed by the Recruitment Employment Council (REC) shows that recruiters helped over 634,000 people find a new permanent job in 2013/14. This represented a 2.8% increase and total industry turnover of £28.7 billion.

The REC is the largest trade body within the recruitment industry and its annual Recruitment Industry Trends Survey dispells another myth about temporary and fixed term contract assignments.

Despite many people not wanting to consider a temporary contract for fear of being out of work again in a few weeks, the report showed that more than half of all temporary and contract assignments were for 12 weeks or more. Recruiters servicing the temporary contract market had on average 32 agency workers out on assignment on any given day, which amounted to 1.15million, 21% of which were in blue collar or industrial roles.

Engineering and manufacturing recruitment specialist The Works has seen similar trends in the areas covered by its Northern locations.

The Works CEO Gillian Johnson is proud of the way the industry has evolved and is helping the UK to recover from the recession. “We would agree wholeheartedly with the findings of the Industry Trends Survey” said Gillian.  “The report identified that the main area for concern is the shortage of candidates with appropriate skills and experience, which is something we are experiencing, especially in the engineering/specialist industrial market” continued Gillian.

For more information on the report, visit www.rec.uk.com and for specialist recruitment advice, contact The Works on 03333 449 444.