Precision Blog

Recruitment and Employment News

21 - 07 - 2010

Job prospects in Leicestershire improving at faster rate than rest of UK

 

Employment prospects in Leicestershire are improving at a faster rate than the rest of the UK, figures suggest.

Statistics released yesterday showed the number of Jobseeker’s Allowance claimants in the county fell by 1,244 – 5.5 per cent – to 21,125 last month. Click to read

01 - 07 - 2010

Manufacturing employment grows at fastest pace since 1995

 

Employment in the manufacturing sector rose at its fastest pace for 15 years, according to the latest Markit/CIPS UK Manufacturing Purchasing Managers’ Index.

The Index posted a reading of 57.5 in June, down from 58 in May.

Click to read

29 - 06 - 2010

Cameron’s boost for Local Leicestershire Businesses

 

Prime Minister David Cameron today announced plans to stimulate business in Leicester.

David Cameron, PMMr Cameron has already promised to cut red tape and lower business taxes but he said his new Regional Growth Fund would “kick-start” enterprise in the city.

Click to read

08 - 06 - 2010

Precision Recruitment gains place on EMDA’s Coaching for High Growth programme

 

Precision Recruitment, which recently relocated it’s office to York St in the city centre, has successfully won a valuable place in the Coaching for High Growth project, run by the East Midlands Development Agency (Emda) and funded by Emda and the European Regional Development Fund.

The programme, which is aimed at the bright stars of the East Midlands business community, provides 20 days of specialist coaching over a 12-month period along with a number of linked master classes. The total support package to each firm is worth £20,000.

Phil Walker, Precision’s Director commented:-

“After a tough 18 months in our industry we are seeing substantial growth within the majority of our market sectors. With the assistance of the programme we aim to grow our business organically, increasing our staff into verticals within our three specialist sectors of engineering, technical and sales recruitment, whilst continuing to invest in training and development. This year has seen the successful development of in-house specialist software, which reduces the time to hire and therefore costs for our clients. With the assistance of the programme it will add strength to our service levels to clients and create a strong growth plan to achieve the businesses ambitious plans.”

This press release was published in the Leicester Mercury on Wednesday 9th June 2010 click here to see the full article.

01 - 06 - 2010

Manufacturing employment rises

 

Employment in the manufacturing sector has risen for the second month in a row, according to the latest data from the Markit/CIPS index.

The rate of jobs growth was only slightly below April’s three-year high, while the headline seasonally adjusted Purchasing Managers’ Index (PMI) was steady at 58.0, in line with April’s fifteen-and-a-half year high, consistent with a marked rate of expansion.

Click to read

28 - 05 - 2010

Recruitment freeze thaw

 

The number of employers operating a recruitment freeze has fallen sharply from 37% in August/September to just 5%, according to the latest CBI/Harvey Nash employment trends survey.

According to the February/March survey, employers in professional  services and banking, finance & insurance (2%) are least likely to be operating a freeze on hiring.  Retailers (13%) and construction companies (10%) are most likely to have a freeze in place.

Click to read

30 - 04 - 2010

Precision Goes Go-Karting!

 
John takes 3rd place with Will in 2nd and Phil in 1st position.

John takes 3rd place with Will in 2nd and Phil in 1st position.

Precision’s consultants battled it out on the go-karting track recently. They went head to head completing ten circuits each to see which consultant could achieve the best possible lap time.

Out of the seven consultants who took part, Technical consultant Will came third, John came second and Director Phil Walker came first.

22 - 04 - 2010

Recovery hopes intact after jobless data

 

LONDON (Reuters) – Jobless claims fell three times faster than expected last month, giving a boost to financial markets, though the upbeat message was undercut by the rise in a broader unemployment measure to a 14-year high.

Wednesday’s official data adds fuel to Britain’s closest-run election race in decades, with the Conservatives and Liberal Democrats seizing on the rise in the jobless rate to slate the Labour’s record ahead of the May 6 poll.

Click to read

21 - 04 - 2010

Employer confidence points to staffing sector recovery according to REC research.

 

The REC’s JobsOutlook survey has pinpointed a surge in employer confidence as the industry begins to loosen its belt.

A heartening 96 per cent of employers surveyed stated they now expect their permanent workforces to remain static or grow within the next three months – a rise of two per cent on the previous month.
Click to read

07 - 04 - 2010

Extremely positive news coming from latest labour market survey

 

The latest KPMG and REC Report on Jobs has shown the strongest growth in permanent placements in 12 years and the sharpest rise in temporary staff billing since January 2008.

These figures were further boosted by a rise in candidate availability.

Higher permanent placements were also given a shot in the arm with a further expansion of permanent staff vacancies.

Permanent staff salaries rose again in March. The rate of inflation was solid, despite easing slightly from February’s twenty-month high. Temp pay increased at a pace that, although modest, was the sharpest since June 2008

REC chief executive Kevin Green said: “Permanent appointments increasing at the fastest pace for over 12 years is the clearest sign yet of a revival in the UK jobs market. A rise in both temporary and contract work at the sharpest rate for nearly three years shows how they continue to provide vital flexibility for UK businesses as well as a valuable route back into work for job-seekers.

“However, the overall outlook is tempered by public expenditure cuts which are already impacting on recruitment in this sector. Deep-rooted reforms and innovative approaches to public sector resourcing will be needed in order to maintain frontline services. While high-end sectors such as IT and engineering continue to show strong growth, demand is also increasing for secretarial and back-office support roles.”

Source: The Recruitment Consultant Magazine 7th APRIL 2010

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