Job creation on the up, CBI/Accenture survey predicts

MORE companies expect to create jobs than not in the year ahead for the first time since the start of the recession, an optimistic survey published today will say(TUESDAY).

On the Up, the CBI/Accenture Employment Trends Survey, has found that 51 per cent of firms expect their workforce to be larger in 12 months’ time, with private sector workforces anticipated to grow across all regions, with the North-East and Yorkshire among the most buoyant. 

The survey covers businesses employing more than one million people between them. 

There are also an increasing number of opportunities for young people to find work, with companies planning to take on more graduates and apprentices. it said.

The survey also revealed a cautious approach to pay, and underlined the importance to bosses of flexible contracts in supporting growth and job creation.

Katja Hall, CBI chief policy director, said: “We’re starting to see the recovery have an impact on business plans to hire, with more than half of firms boosting staff numbers next year and more opportunities for young people.

“It’s good to see jobs being created across most regions, not just London and the south-east. Our labour market performed well throughout the recession and pay caution and flexible contracts will continue to underpin growth.

“For the UK to remain an attractive place to do business, as the recovery takes hold, wage growth must go hand-in-hand with growth in productivity.”

 

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