2012/13 UK Recruitment Turnover Grows by 3%

Recruitment industry total turnover reached £26.5 billion in 2012/13. This is a 3.1% increase on the previous year.

Circle's Managing Director Steve Ricketts appears cautiously optimistic about the year ahead. "It is pleasing that the industry turnover has again grown, however other factors need to be considered also. Turnover for permanent placements is still 42% below its pre-recession peak of £4.3 billion, in 2007/08, so there is still some way to go before the industry gets back where it was in terms of companies having the financial ability and confidence to hire permanent staff. As the economy continues to recover, we should hopefully see turnover grow at a more rapid rate".

Post by Ernest Porazinski November 19 2013 Categories: News, Recruitment