Jobs growing at fastest rate since 2007

03/03/2010 Jobs growing at fastest rate since 2007

Vacancies increased in the UK labour market at their fastest pace for two-and-a-half years, according to a new study.

The Recruitment and Employment Confederation and KPMG Report on Jobs indicated that there had been a strong rise in employment opportunities in February.

It also found that demand for staff continued to swell for the fifth month in a row, with there now being more permanent and temporary workers.

Bernard Brown, partner and head of business services at KPMG, noted that it appeared as though the industry is on the road to recovery.

"Sectors such as IT and computing as well as engineering and construction that were particularly hit by recession are clearly on the rebound," he added.

However, Mr Brown did caution that the effect of the downturn for public services would be felt in the next six to twelve months.

PricewaterhouseCoopers' 13th Annual CEO Survey recently revealed that 72 per cent of individuals questioned felt a talented workforce is essential to recovery.

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