Contractors will be pleased to learn that the first national Job Confidence Index has shown that 74% of the UK became more job confident, or at least maintained the same confidence levels in their job and ability to find work, over the last three months.
The Job Confidence Index, carried out by ICM and commissioned by the National Careers Service, surveyed over 4,000 people across the UK, in order to determine the state of the nation’s work and employment prospects.
Based on job and personal experience, qualifications and opportunities, the Index revealed that overall job confidence scored 51.8 out of 100, with job confidence being the highest in London and the South East of England.
According to the findings, a large number of employed people (60%) believe that it would take them less than six months to find a new job if they were made redundant, and 38% said it would take them less than three months.
The main reasons as to why employees have been so positive about the jobs market is due to the economic recovery (42%), having the right work experience (42%) and the right skills and qualifications (40%).
Skills Minister Matthew Hancock said, “It is a sign of the rebalancing economy that many are starting to feel more confident about their job prospects. However, we need to continue to provide as many options for training as possible, so that people have the appropriate skills to find work, which will reward them and respond to business needs.
“The National Careers Service gives good guidance and encouragement for those looking to take the right steps into work and will help build a workforce that matches the requirements of the global race.”
Joe Billington, Director of the National Careers Service, said, “The Job Confidence Index shows that while job confidence is heading in the right direction, there is still a way to go in ensuring people are ready to find the right job – or the next stage in their career.
“This is the first Index of its kind so we’ll be benchmarking results in the next quarter.”
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