Job prospects are on the up, with the improved economic situations beginning to flow through the labour market. While the performance of the labour market has been remarkably robust over the past few years, for the first time since the inset of the recession in 2008 a majority of businesses surveyed expect to create jobs in the next 12 months. This recovery is broad based, with employment set to grow in all parts of the UK and businesses of all sizes adding employees.
Our flexible labour market, underpinned by a competitive regulatory framework, is key to the UK's attractiveness as a place to do business. Flexible contracts have helped save jobs through tough economic times and have enabled businesses to respond rapidly to growth opportunities more recently. In all, 97% of firms believe that a flexible workforce is either vital or important to the competitiveness of the UK and prospects for business investment and job creation.
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