The Recruitment and Employment Confederation (REC) and KPMG monthly Report on Jobs – published yesterday – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies; Cream Personnel Services provides data monthly for this survey.
· Slowest rise in permanent placements for over two years
· Temp billings growth moderates to eight-month low
· Recruiters signal ongoing candidate shortages
Slower rise in permanent placements…
June data signalled a further increase in permanent staff placements. Although remaining stronger than the survey’s long-run average, the rate of expansion eased to the slowest in 25 months.
...while temp billings growth also eases
The rate of growth in temporary/contract staff billings moderated to an eight-month low in June, although remained marked overall.
Candidate availability remains tight…
Recruitment consultants reported that a key factor weighing on growth of staff appointments was shortages of qualified candidates. Although easing slightly since May, rates of decline in both permanent and temporary candidate availability remained considerable.
…fuelling further pay increases
The rate of permanent salary inflation remained strong and well above the survey’s historical trend in June, despite easing to a four-month low. Temp pay growth moderated to the slowest in 14 months, but again remained marked overall.
Regional and sector variation
Permanent placements rose across all four English regions during June. The Midlands posted the strongest rate of growth, while the slowest rise was signalled in the South. Temp billings growth was strongest in the Midlands during the latest survey period, with London posting the weakest expansion. Private sector jobs continued to register stronger demand growth than public sector roles during June. Private sector permanent staff again saw the fastest rise overall. Engineering was the most in-demand category for permanent staff during the latest survey period, followed by Executive/Professional. The slowest growth of vacancies was signalled for Hotel & Catering workers.
Demand rose for all nine monitored temporary/contract staff categories during June. The sharpest increase was signalled for Nursing/Medical/Care workers, while the slowest expansion was recorded for Executive/Professional staff.
Working from offices in Stoke-on-Trent, Cream Personnel Services is a name that is synonymous with recruitment in North Staffordshire and South Cheshire. Established in 1973 we have become the first choice Recruitment Agency for job seekers and employers throughout the region.
To contact the Cream Team about recruitment send an e-mail to: email@example.com or call: 01782 262731.
Article Source: https://www.rec.uk.com/news-and-policy/press-releases/reckpmg-report-on-jobs-staff-appointments-continue-to-rise-in-june,-but-rate-of-growth-eases