“Today’s GDP figures show that so far the economy has been broadly unaffected by the EU referendum result. This confirm the trends we have seen in the REC’s monthly jobs data, with employers maintaining a ‘business-as-usual’ attitude. Encouragingly, our latest JobsOutlook report shows that almost a quarter of employers plan to take on permanent staff in the next three months.
“It is still unclear what the long term impact of the vote will be and there are question marks around the sustainability of positive trends we have seen since the referendum. Our data shows that employer confidence in the economy has fallen since June, so there are some anxieties about what the future holds.
“We hope next month’s Autumn Statement will bring fiscal stimulus designed to bolster the jobs market and improve confidence in the economy.”
