OPTIMISM continues to inch back into the private sector with more bosses saying they will take on extra staff this quarter, according to a new survey.
The proportion of employers expecting to increase staff numbers before the end of the year has increased from the second quarter - not dramatically, but enough to suggest a trend is forming.
Human resource (HR) consultancy Hudson, which conducts quarterly forecasts on prospects for white-collar workers, polled 600 executives across key business sectors in August.
It found that 34 per cent forecast increased hiring in the fourth quarter. This is up from 26 per cent in the third quarter and marks the second straight quarterly rise in hiring expectations.
A similar poll in May showed that more bosses were willing to hire again, the first increase since the first quarter of 2007.
The new survey also found that the proportion of respondents expecting to lay off staff has fallen in every sector. Overall, just 5per cent of bosses say they will shed staff this quarter, compared with 14 per cent in the third quarter.
- The Straits Times
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