Banks and IT firms plan to recruit extra staff

The
proportion of banks, insurers and IT companies that plan to recruit extra staff
is at its highest level for two years, according to new research.

A
survey by employment agency Reed of almost 1,500 companies found that 68 per
cent of those in the IT sector and 49 per cent of those in financial services
planned to hire staff to expand their business.

These
are the highest rates since Reed began its survey in the second quarter of
2002, and follow a rising demand for new recruits during the past 12 months.

The
research also showed that redundancies are at a two-year low, with only 6 per
cent of companies planning to reduce headcount.

By
Mike Berry

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