Jobs market shows signs of strong improvements
The recruitment market is continuing to show clear signs of improvement, with the fastest rise in permanent job placements in over 12 years, according to a report published yesterday.
In the Report on Jobs, recruitment trade body the Recruitment & Employment Confederation (REC) and accountants KPMG indicated stronger increases in permanent, temporary and contract staff appointments during March, with growth at its strongest since October 1997.
In addition to a rise in the number of staff appointments, permanent staff salaries saw a rise in March and temporary staff pay increased at the sharpest rate since June 2008, the REC-KPMG report revealed.
Kevin Green, chief executive of the REC, said: “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. However, the overall outlook is tempered by public expenditure cuts which are already impacting on recruitment in this sector. Innovative approaches to public sector resourcing will be needed.”