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KPMG and the Recruitment and Employment Confederation's (REC) latest Report on Jobs has revealed that the pace of decline in the sector is beginning to slow.
Although declines are still occuring, the amount of people taking permanent positions fell at its weakest rate for over a year.
And the temporary market also improved, seeing the slowest fall since September 2008.
The news may have a positive impact on the UK stock market, something that could interest those carrying out stock market trading.
"An increasing number of recruiters are reporting a rise in the demand for temporary and contract staff," REC chief executive Kevin Green explained.
He added that while there are "signs of life" in the jobs market, it is "critical" that demand in the private sector begins to match that being seen in its public counterpart.
Last month, the Office of National Statistics revealed that unemployment in the UK has risen to 2.26 million.
