Recruitment industry hits record highs


Recruitment industry hits record highs
The recruitment industry has seen a record-high turnover, according to the latest findings.

Figures from the Recruitment and Employment Confederation's (REC's) Annual Industry Turnover and Key Volumes Survey 2006/7 show turnover for the sector reached £26.673 billion, up from £24.838 billion over the previous year.

The REC’s acting chief executive Helen Reynolds commented that the sector is key to the success of the UK economy.

"The continued growth of the recruitment industry is again a timely reminder of the testimony to the way recruitment is now being seen as a major player within the UK economy," she said.

She also noted in such a tight labour market that current focus within the industry lies on retaining staff and attracting the best talent.

Published in association with the Recruitment Finance Division of Lloyds TSB Commercial Finance and Recruitment Consultant magazine, the findings show the temporary and contract category has grown strongly.

These figures come after findings from Joslin Rowe discovered recruiters in Scotland are working hard to attract talented applicants to apply for roles in attempt to overcome the current skills shortage.

Related categories: HR / Recruitment.

Bookmark with:
Bookmark with: Digg Digg Bookmark with: Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

See also:

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
HR / Recruitment
Health / Beauty
Hotel / Catering / Restaurants
IT / Internet
Insurance / Pensions
International / Overseas
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Transport / Logistics
Travel / Tourism / Leisure