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REC/KPMG Report on jobs: Growth of staff placements eases, but salaries rise

In summary
Permanent and temporary appointments rise at strong, albeit slower rates. The number of people placed in permanent and temporary/contract roles continued to rise throughout November.
Overall vacancies increased at their fastest pace since July 1998. Private sector demand for staff continued to show a much stronger trend than public sector demand.
Permanent salaries are increasing at their fastest pace in six years, reaching the strongest rate since November 2007. The availability of candidates to fill permanent roles fell further during November, with the rate of decline quickening to the sharpest since July 2007. Temporary/contract staff availability meanwhile fell at the fastest pace in nine years.
All four monitored English regions reported increases in permanent placements, with the Midlands continuing to register the fastest growth.

REC CEO Kevin Green says:
“Report on Jobs show that all sectors, all regions and both the private and public sector are in growth, which is fantastic news for British businesses, the UK economy and people looking for work in 2014.”

For the full report visit the REC website.


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