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INFO ON UK JOBS REPORT
Report on Jobs
Staff appointments growth remains strong, while salaries rise at fastest
rate in six months
Key points:
Further marked increases in permanent
placements and temp billings
Salaries for permanent hires rise at sharpest
rate in six months
Candidate availability tightens further
Summary: The Recruitment and Employment Confederation
(REC) and KPMG Report on Jobs – published
today – provides the most comprehensive guide to
the UK labour market, drawing on original survey
data provided by recruitment consultancies.
Staff placements continue to rise strongly…
March survey data highlighted further marked growth
of recruitment activity across the UK. Permanent
staff placements rose at a rate unchanged from
February’s considerable pace, while temp billings
growth was only slightly slower than the five-month
high recorded in the preceding period.
...supported by robust demand for staff
The survey’s index of job vacancies rose to a fivemonth
high in March, signalling strong demand for
staff. Marked rates of expansion were indicated for
both permanent and short-term workers.
Salary growth fastest in six months…
Average starting salaries for people placed in
permanent job roles increased further in March. The
latest increase was the strongest since last
September. Hourly rates of pay for
temporary/contract staff rose at a robust pace, albeit
slightly slower than in February.
…amid falling candidate availability
The availability of staff to fill vacancies continued to
decline in March. The latest drop in permanent
candidate supply was the sharpest in four months,
while temp availability deteriorated at the fastest
pace since last October.
Regional and sector variation
All four monitored English regions saw rising
permanent placements during March, with growth
strongest in the Midlands and the South.
Midlands-based agencies recorded the fastest
increase in temp billings during the latest survey
period.
Private sector demand for staff remained stronger
than that in the public sector during March. Private
sector permanent vacancies registered the sharpest
increase overall.
All monitored types of permanent staff registered
higher levels of demand for their services in March.
The most sought-after categories were Engineering
and Accounting/Financial, marginally ahead of
Executive/Professional.
Growth of demand was broad-based across all
monitored temp categories during the latest survey
period. The sharpest increase was signalled for
Nursing/Medical/Care workers, with Blue Collar staff
seeing the next-fastest rise.
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