Wednesday, 04 July 2012
Recruitment agencies could note increasing numbers of private sector placements after it was shown that public sector jobs are falling. The latest news from the Office of National Statistics (ONS) indicated that 2012 has continued to note falling public sector employment, with rates dropping for the tenth quarter in a row.
For the first three months of 2012 it was shown that public sector jobs fell to 5,899,000, which is a decline of 39,000. Compared against the first quarter of 2011, the number of jobs has dropped by 278,000. This is in stark contrast to the rising number of private sector jobs, which has risen by 320,000 from the first three months of 2011. One particular area where jobs are being shed is in local government, with 2012 seeing 33,000 less jobs with the total number of staff dropping to 2,647 million.
KPMG’s partner and head of public sector, Alan Downey, said that if the government was to decrease its public sector jobs then a concerted effort had to be made to ensure that private sector positions were created. “These figures suggest that the equation is working, as the increase of 250,000 in private sector employment dwarves the fall of 39,000 in the public sector,” he said, adding: “This is not only good for the economy in general, but also good news for those public servants who have lost their jobs, as it suggests there will be opportunities for them to find work in the private sector.”