Precision Blog - Recruitment and Employment News

Extremely positive news coming from latest labour market survey

07 - 04 - 2010

The latest KPMG and REC Report on Jobs has shown the strongest growth in permanent placements in 12 years and the sharpest rise in temporary staff billing since January 2008.

These figures were further boosted by a rise in candidate availability.

Higher permanent placements were also given a shot in the arm with a further expansion of permanent staff vacancies.

Permanent staff salaries rose again in March. The rate of inflation was solid, despite easing slightly from February’s twenty-month high. Temp pay increased at a pace that, although modest, was the sharpest since June 2008

REC chief executive Kevin Green said: “Permanent appointments increasing at the fastest pace for over 12 years is the clearest sign yet of a revival in the UK jobs market. A rise in both temporary and contract work at the sharpest rate for nearly three years shows how they continue to provide vital flexibility for UK businesses as well as a valuable route back into work for job-seekers.

“However, the overall outlook is tempered by public expenditure cuts which are already impacting on recruitment in this sector. Deep-rooted reforms and innovative approaches to public sector resourcing will be needed in order to maintain frontline services. While high-end sectors such as IT and engineering continue to show strong growth, demand is also increasing for secretarial and back-office support roles.”

Source: The Recruitment Consultant Magazine 7th APRIL 2010

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