Employment activity shows signs of recovery

The latest statistics from the Recruitment Confidence Index (RCI), released
last week, show that the amount of employment activity in manufacturing is
expected to rise at a much higher rate than the previous quarter.

The RCI – a quarterly index developed by Cranfield School of Management and
the Daily Telegraph, and published in association with Personnel Today, as a
means of measuring expectations of employment – shows that levels of activity
for managerial and professional staff in the manufacturing sector are expected
to increase by 27 per cent, compared with its previous rise of 7 per cent.

The rate of employment activity (which includes hiring and firing) for all
staff is expected to rise by 35 per cent, compared with 19 per cent the quarter
before.

However, employment activity for managerial and professional staff in the
services sector is set to rise at a slightly slower pace than it did last
autumn (18 per cent, compared with 20 per cent in 2003).

A fuller report on recruitment appears in Recruitment Trends &
Forecasts, a quarterly newsletter available on subscription from Personnel
Today Management Resources. For subscriptions enquiries, call 020 8652 8803.

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