Temporary work boosted but permanent roles are stagnant

 
Ben Southwood
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THE MARKET for temporary workers is booming, two data releases showed yesterday, but both point to a less positive picture in permanent placements.

Temporary jobs growth hit a 14-month high, data from the Recruitment and Employment Confederation and KPMG showed yesterday, while permanent appointments inched down slightly.

This chimed with data from the Association of Professional Staffing Companies (APSCo) which put temporary placements up 15 per cent.

However, this second set of data also put permanent placements down 15 per cent – a considerably more negative appraisal of that sector of the labour market.

“Temporary workers offer a flexible way for businesses to complete projects, while keeping a lid on permanent overheads,” said APSCo boss Ann Swain.

“The economy is not out of the woods, so businesses are still under pressure to keep costs down,” Swain added.

But London came in for a hammering as financial sector jobs collapsed nine per cent over the year, according to data released by Totaljobs today.

An 11 per cent fall in catering and hospitality jobs, also disproportionately located in London, led to an overall seven per cent fall in available jobs in the capital.