Manufacturers still cautious despite upturn

Managers in the manufacturing sector are still cautious
about business conditions and recruitment.

The Recruitment Confidence Index (RCI), a quarterly survey
of UK directors’ and managers’ expectations of the six months, found that
despite predictions indicating that more people are likely to be employed in
the sector during the next six months, the good news has not been widely
accepted as a time to celebrate.

Professor Shaun Tyson of Cranfield School of Management
said: "The Spring RCI figures indicate cautious optimism in manufacturing
for the first time in many months.

"It is important to remember that the figures slumped
to a desperate low at the end of last year and are now making a slow recovery.
We shouldn’t get too excited that things are on the up as they have
realistically just levelled out."

By Quentin Reade

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