29 October 2012 10:52
The Confederation of British Industry (CBI) has said it is a "mini-miracle" that jobs are still being created despite the state of the economy, with its recent survey of 300 companies revealing that more than a third expect their workforce to be bigger in a year's time.
Recruitment prospects were better in science and hi-tech firms, which underlined the CBI's view that new jobs were mainly skilled.
Katja Hall, the CBI's chief policy director, said: "The performance of our flexible labour market in generating jobs in a sluggish economy is a mini-miracle. Businesses look set to continue with the positive but cautious approach to hiring that we've seen over the past couple of years, and this is echoed in expected pay restraint designed to protect employment.
"While the jobs figures tell a promising story, too many young people from disadvantaged backgrounds are not getting jobs because – as the survey shows – job creation at a skilled level requires skills and attitudes which we do not help them to develop.
"Worryingly, nearly six in 10 employers identify a lack of aspiration and role models as major obstacles to young people's success.
"The challenge for the Government and businesses is to ensure that barriers to employment can be overcome."