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Firms waiting for upturn to recruit staff

Many employers are waiting for an upturn in the economy before taking on new staff, according to a report today.

A survey of 600 firms by the Recruitment and Employment Confederation also discovered continuing problems hiring suitably qualified workers because of the UK's skills "dislocation".

A "marked dip" on short-term job prospects was revealed in the study, although a significant number of businesses planned to increase or maintain staffing levels in the short and medium term.

Roger Tweedy, the confederation's director of research said: "Last November's figures showed that many employers were hoping to slightly increase their permanent workforces early in the new year.

"However, there has been a significant dip in employer optimism that is likely to be linked to continuing economic concerns over the sovereign debt crisis in the eurozone.

"Most employers have retrenched to a much more cautious wait and see approach."

Belfast Telegraph