2010 has been a tough year for both industry and individuals. The recession has only just come to an end and the new government have imposed high levels of spending cuts. As a result of these spending cuts, many public service workers have been made redundant causing a shortfall of jobs in numerous areas. In addition to problems in the public sector, the private sector has also faced turbulent times, with the reduced lending to small businesses resulting in an increase in redundancies and bankruptcies. The knock-on effect has impacted heavily upon the recruitment industry at large and in turn resulted in high levels of unemployment.
The infographic above serves to show the severity of the situation with regard to recruitment. Compiled using authoritative data sourced by REC, AGR, LFS, and Reed Recruitment, this graphic representation gives you an instant insight into just how much of a struggle 2010 has been in recruitment.
It is not however all doom and gloom. For a start, PwC have performed research which points towards somewhere in the region of 28% of UK companies increasing their number of staff during the course of 2011. This forecast is enforced by the findings of the Recruitment and Employment Confederation (REC) which show that the overall number of job placements grew substantially at the tail end of 2010, which implies that faith and opportunity are once again showing signs of growth in the private job sector.
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