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Growth in Ireland and UK jobs markets boosts recruitment firm Hays

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BRITISH staff recruitment firm Hays Plc saw its fees grow in the fourth quarter in Ireland and the UK for the first time in two years, providing further evidence that the job market is starting to improve.

Group net fees in the three months to June 30 rose a stronger-than-expected 1pc against the same period last year, driven by strength in Europe, Asia and the UK & Ireland.

Finance director Paul Venables said the 7pc growth in UK & Ireland – which accounts for 32pc of group fees -was a sign of a wider rebound across the domestic jobs market.

“It’s the first growth we’ve achieved in the UK for two years. The growth is quite diversified across the UK…and we’ve got what seems to be the start of a more broad-based recovery,” he said.

SOURCE: independent.ie