HR job vacancies increase faster than any other sector

HR job vacancies increase faster than any other sector

13.1.2010

The growth in the number of HR jobs available has outstripped that of any other sector as employers begin to rehire HR staff ahead of expected recovery*.

The Monster Employment Index has revealed that the number of HR jobs advertised online increased by 8% between November and December last year.

The marked increase in HR vacancies recorded in the index for HR meant that the profession could be seen as a "lead indicator" for the direction of the economy as a whole, economists said.

Jonathan Der, a senior economist at Monster Worldwide, told Personnel Today: "It looks like the demand for HR has seen an uptick at the end of the year.

"It suggests that companies are shifting trends back to put themselves in a position where possibly in 2010 there will be more hiring taking place.

"Companies take on HR staff to enable them to take on more staff in the future. The general idea is that HR increases first then other industries follow.

"We expect to see that after the HR industry has its staffing in place then we would see a bigger turn around in other industries as far as hiring goes."

Meanwhile the Monster Employment Index showed that manufacturing and production job opportunities rose by 7% between November and December 2009, and enjoyed the biggest year-on-year rise, of 23%. But Der warned that a lot of these jobs were temporary, so this was not necessarily indicative of a return to strength for the sector.

*To read the full article, featured on the Personnel Today site, click here.

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