Employment index at a 19 month high

The accountancy firm BDO has released its latest report on employment figures and has stated that hiring rates are at a 19 month high. The index for March rose for the third month running and ended at the highest point since August 2011. The score is based on firms intentions to hire and the statistics suggested that firms are intending to hire more staff over the next six months than for the last two years. Despite this good news BDO has also said that the optimism index over the short term is slower and remains low, and in the manufacturing sector particularly optimism is low. This is somewhat of a worry as manufacturing accounts for one fifth of the UK economy and Peter Hemington of BDO was particularly concerned with the falling in confidence of this sector. He said it was “It was disappointing to see little action taken in last month’s budget to help this beleaguered sector,” The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.  Setfords Solicitors are a national full service law firm, with employment solicitors in London and across the country.