LABOUR MARKET OUTLOOK - CIPD

LABOUR MARKET OUTLOOKFifteen per cent of employers surveyed say that a potentialcap of 40,000 non-EU workers would have a negativeimpact on their organisation. Only 4% state that it wouldbe positive. Three-quarters (74%) say it would not make animpact either way. Employers working in the private sectorare more likely than those in the public sector to say thatit would make a positive impact (6% compared with 1%),but they are also more likely to say that it would be negative(18% compared with 12% in the public sector). Of thoserecruiting migrant workers in the next three months,almost half (48%) feel that such a cap would have anegative impact on their organisation.More than one in ten (16%) private sector firms plan tooffshore UK jobs to other parts of the world over the next 12months, up from 9% of firms in the summer report. Of thoseplanning to offshore UK jobs, over three-quarters (78%)intend to offshore to India, two in five to eastern Europe(43%, compared with 29% in the previous quarter), and athird to Asia (excluding China and India). The most commonfunctions offshored by employers include finance (32%), HR(28%) and IT (22%). Almost all employers (97%) cite cost asthe most common reason for offshoring jobs. More than onein ten (12%) highlight access to skills and knowledge.UTcipd.co.uk/labourmarketoutlook 7