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Little cheer from Overdrive forecasts

6th July 1985, Page 6
6th July 1985
Page 6
Page 6, 6th July 1985 — Little cheer from Overdrive forecasts
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Which of the following most accurately describes the problem?

THERE is still little sign of economic recovery in transport, according to the latest figures from Overdrive, the temporary driver agency.

Its quarterly survey shows that :over the next three months, 32 per cent of the employers it approached in a phone survey said they would take on extra drivers. In the same period last year, 40 per cent planned to take on extra labour. The only consolation is that the figure is up from last quarter's forecast of only 20 per cent.

The number expecting to shed labour is down marginally on the third quarter of last year, from six per cent to five per cent, and it is down further from the eight per cent in the last quarter. .

Overdrive, which is a Manpower subsidiary, says that the Government's Manpower Services Commission's own surveys reveal that the coinpany's surveys have an 84 per cent correlation with unfilled vacancies at job centres.