Home UK employers fear Brexit hit to economy, but plan more hiring – REC Survey
FXStreet News

UK employers fear Brexit hit to economy, but plan more hiring – REC Survey

According to the latest survey conducted by the Recruitment and Employment Confederation  (REC), the UK labor market showed a surprising strength even though the British employers are concerns about the looming economic prospects amid Brexit uncertainty.

Neil Carberry, the REC’s Chief Executive, noted: “The more positive figures on hiring for temporary workers suggest that many businesses are turning to agency work to help them navigate the unpredictability they currently face.”  

“This might be driven by waiting to see whether permanent hiring is justified, or by using additional labor to meet demand rather than making big capital investments.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.