The latest BDO Employment index has revealed that hiring confidence is at the highest it’s been in over a year and a half.
The index gauges employment intention over the following two quarters and has hit 95.0 for the third month in a row (the score indicative of employment growth) scoring 96.0. However BDO is still warning that economic conditions will remain tough until at least mid-2013.
Partner at BDO, Peter Hemington, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.”
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