Hays reports mixed picture on UK trading
Apr 9 2010 by Henryk Zientek, Huddersfield Daily Examiner
THE UK’s biggest recruitment firm said private sector demand was propping up the jobs market amid reduced public sector activity.
Hays said the overall picture in the UK and Ireland was one of “continued stability” after quarter-on-quarter net fees were broadly flat in the three months to the end of March.
It reported modest growth in private sector business, offset by continuing weakness in the public sector, particularly in administrative and other non-front line placements.
Overall, Hays said public sector net fees declined by 19% against the same period a year earlier.