Job Prospects Looking Rosier, But in Isolated Areas

Last Updated Apr 29, 2010 7:18 AM EDT

If you are a graduate fresh out of college, have been slogging at part-time jobs, a migrant worker or you are a student looking for an internship, there is good news for all of you in the latest employement research.

Forty-Seven percent of employers plan to hire graduates in the three months to July. Over three quarters will be full-time workers. Fifteen percent of employers are now planning to recruit migrant workers and over one in five plan to hire interns.

These findings are from the latest quarterly CIPD/KPMG Labour Market Outlook survey of almost 800 employers that found the private sector is optimistic about creating jobs in the second quarter of 2010, even in sectors that have been badly affected by the recession, such as manufacturing.

This surge in hiring is almost wholly due to a sharp rebound in private sector growth. The percentage of employers expecting to recruit now exceeds that of those expecting to cut staff across all sectors of the economy.

However the picture is not as rosy for all. Almost one in five (17 percent) public sector employers plan to freeze pay and public sector bosses are extremely pessimistic about hiring. Employment will be particularly vulnerable in areas such as education and healthcare.

Employment also looks set to fall in areas such as Scotland and Wales with a majority of the new job prospects being located in London and the southeast, which are expected to be the main engines of growth in the next 12 months.

(Pic: timlewisnm, cc2.0)