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Financial Markets Point to More Positive Future Job Market

Following the last few years of economic uncertainty, all eyes have been on the financial markets to do well and so far this summer the markets are indeed looking good. And despite the initial backlash caused by Fed Chairman Ben Bernanke's decision to begin scaling back asset purchases from September this year, the short-term prospects are looking better and any panic seems to be subsiding.

It seems that this summer's numbers have shown that share prices have been at a significant high compared to the last few years and it seems as though they might well stay at these levels. This appears to be good news for a number of different sectors and, of course, the future job market.

The bond market in particular appears to be doing well once again, having grown slowly over the last year. With an even stronger bond market predicted both in Europe and the US for 2014, this is good news for everyone. With people's interest in bonds growing each month, the prices of the bonds themselves are expected to slowly lower, which in turn will make them more attractive for investors at all levels.

The positive financial news is being seen throughout many countries around the world, with the US seeing a vast improvement in its economy over the last year. It is still early days, of course, but the upturn is slowly gathering pace, driven mainly by a stronger housing market and a slowly recovering labour market. In Europe the signs are good too and as 2013 continues the eurozone economy is stabilising. Predictions for the future are that we could see even more positive growth from as early as the second half of 2013.

Boosted by the growing confidence in the economies of its trading partners, it seems the UK's economy is also starting to strengthen. Though the recovery is likely to be a slow one, recent surveys of British business owners and managers show that there is rising confidence about the future, which is good news for the previously precarious job market. With this renewed confidence in a stronger economy, more investment is already going into attracting the right staff for companies and creating new jobs and opportunities across the country. Although this recovery may indeed be a slow one, the news that it is happening is very welcome and can only mean good things to come for recruitment in the UK.

 
Written by Rachael Clarke

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