Dr John Philpott, the chief economist at the CIPD, believes that the executive search market will continue to grow because neither the public nor the private sector has the ability to find and retain highly skilled workers.
The latest JobsOutlook from the REC shows that the overall jobs outlook is still mixed, but in the short to medium term, employers are making more use of temporary agency workers and contractors.
Umbrella company contractors will be pleased to hear that the first two quarters of this year saw a 9% increase in the use of interim managers, according to the latest Ipsos MORI survey findings, and 52% of all interim assignments were in the private sector.
On Wednesday, the ONS revealed that unemployment in the UK had fallen for the second consecutive month, but candidates and employers still remain cautious.