Recruitment market shows improvement
February showed strong and accelerated rises in the recruitment of both permanent staff placements and temporary staff, according to the latest REC/KPMG findings*.
The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs found permanent recruitment levels increased at the sharpest rate in ten months, while temporary jobs posted showed the greatest rise since May 2007.
Higher staff appointments were underpinned by robust growth of demand for staff in February. The overall level of job vacancies increased at the strongest rate since April 2010.
The availability of candidates to fill job vacancies was reported to have increased in the latest survey period. Growth of temporary staff availability remained notably stronger than that of permanent workers.
But the rate of inflation of permanent staff salaries eased to a three-month low in February and remained below the survey’s long-run average. Temporary staff hourly pay increased modestly.
Kevin Green, REC chief executive, said: “The UK now has a two-speed labour market. The private sector continues to hire in increasing numbers while the public sector is shedding jobs. This is highlighted in the latest Report on Jobs which reports that the nursing, medical and care sectors have significantly declined from a year ago. In comparison, the IT and computing sector saw accelerated growth over the same period”.
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