Key points:
- Growth of both permanent placements and temp billings moderates
- Downturn in candidate availability eases, but remains marked
- Slower increases in permanent salaries and temp pay
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.
Growth of staff appointments eases further…
Permanent placements continued to rise in September. However, the rate of expansion eased to a two-and-a-half year low. Similarly, temporary/contract staff billings increased at the weakest pace in the current 29-month period of growth.
…reflecting slower rise in vacancies
Although overall demand for staff continued to increase in September, the rate of growth eased to a 26-month low. Slower rates of expansion were signalled for both permanent and temporary vacancies.
Salary growth cools…
Starting salaries for people placed in permanent roles continued to increase in September. Although easing to a 20-month low, the rate of growth remained strong. Temporary/contract staff pay growth meanwhile eased to an 18-month low.
…amid slower drop in candidate availability
The availability of staff to fill permanent job roles fell further in September. The rate of decline eased to the slowest in …Read More
Read more here:: ONREC.com News Feed
