UK jobs market in robust health says recruitment industry body
9 January 2014
Further evidence of a recovery in the UK jobs market is provided by the latest Recruitment & Employment Confederation (REC)/KPMG Report on Jobs.
Thu, 9 Jan 2014Further evidence of a recovery in the UK jobs market is provided by the latest Recruitment & Employment Confederation (REC)/KPMG Report on Jobs.
The report for December shows the strongest rise in permanent placements since March 2010. This mirrors figures from Hays released today indicating that the permanent jobs market is healthier than for some time.
The Report on Jobs also reveals that temp billings increased at their fastest rate in over 15 years.
The report notes that with vacancy growth close to its November high, there are increased concerns about the availability of staff to fill permanent roles. The rate of decline in temporary/contract staff availability remained substantial.
The REC’s head of policy Kate Shoesmith says: “The UK labour market is starting the New Year in robust form… Our latest figures show sharp growth in the number of people finding new permanent jobs and the most rapid rise in starting salaries since October 2007.
“Growing confidence means more and more employers are willing to invest in their workforce and take on more people. The real concern now is the mismatch between demand and supply with recruiters reporting that they can’t source suitable candidates for vacancies in a whole range of sectors. Companies want to hire more salespeople, accountants and businesses development staff to help their enterprises grow, but can’t find people with the right skills to take the jobs.”
Earlier this month, the Association of Professional Staffing Companies (APSCo) reported that the professional jobs market was in ‘vigorous health’, with permanent placements up 8.5% year-on-year across sectors such as engineering, IT, accounting, finance, media and marketing.
Vacancies, measured by online advertising activity, were up by 25% indicating a real confidence to hire by UK employers, said APSCo.
The report for December shows the strongest rise in permanent placements since March 2010. This mirrors figures from Hays released today indicating that the permanent jobs market is healthier than for some time.
The Report on Jobs also reveals that temp billings increased at their fastest rate in over 15 years.
The report notes that with vacancy growth close to its November high, there are increased concerns about the availability of staff to fill permanent roles. The rate of decline in temporary/contract staff availability remained substantial.
The REC’s head of policy Kate Shoesmith says: “The UK labour market is starting the New Year in robust form… Our latest figures show sharp growth in the number of people finding new permanent jobs and the most rapid rise in starting salaries since October 2007.
“Growing confidence means more and more employers are willing to invest in their workforce and take on more people. The real concern now is the mismatch between demand and supply with recruiters reporting that they can’t source suitable candidates for vacancies in a whole range of sectors. Companies want to hire more salespeople, accountants and businesses development staff to help their enterprises grow, but can’t find people with the right skills to take the jobs.”
Earlier this month, the Association of Professional Staffing Companies (APSCo) reported that the professional jobs market was in ‘vigorous health’, with permanent placements up 8.5% year-on-year across sectors such as engineering, IT, accounting, finance, media and marketing.
Vacancies, measured by online advertising activity, were up by 25% indicating a real confidence to hire by UK employers, said APSCo.
