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REC survey is good news for freelancers...probably

freelancesupermarket.com newsroom

RSS 23 December 2009
According to a recent survey by the REC, business confidence is beginning to improve - which could signal a better year for freelancers and the wider labour market as a whole in 2010.

The survey, which questions a monthly sample of around 600 employers, found that 22 per cent of respondents now say that their business is beginning to improve, compared to just 1 per cent in September 2009.

Although this does appear to be good news, there have been several mixed messages in recent weeks about the state of the labour market in the UK.

In his Pre-Budget Report, Alastair Darling made no secret of the fact that in bringing down the UK's budget deficit, the Government will need to cut public spending in 2010.

Furthermore, according to recent research by PricewaterhouseCoopers (PwC), individuals earning an average annual salary of £30,000 will face a challenging 12 months.

Despite the gloomy economic outlook, Roger Tweedy, who is Director of research at the REC, believes that life is finally returning to the UK's labour market. He pointed out that after a long period of uncertainty; firms appear to be more confident about their future recruitment intentions.

He added that, judging on previous recessions, unemployment will continue to rise, even after the economy improves but that this report shows optimistic signs that unemployment figures will not be as high as was predicted at the start of the year.

© 2009 All rights reserved. Reproduction in whole or in part without permission is prohibited.
Image: Frile? Smown? by Jeff the Trojan

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