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UK job market on the rise 8 July 2013

Demand for jobs with the UK has reached a three-year high, with permanent staff appointments rising at the fastest pace since April 2011, according to a new report.

The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs show both permanent and temporary placements,

Bernard Brown, partner and head of business services at KPMG, said: “The latest figures reveal permanent placements enjoying their highest growth rates for over two years and temporary roles being filled at the quickest pace since Christmas.

“Perhaps the sun has finally come out to shine on the jobs market and economy at large? Employers seem to think so. Many have stepped up their search for staff with demand for staff accelerating to a three year high.”

The growth of permanent staff placements accelerated markedly in June 2013, reaching the fastest rate for over two years.

Temporary/contract staff billings rose at a much sharper pace, with the latest increase the strongest in seven months.

The South of England posted the fastest rise in permanent job placements during June, closely followed by the North, whilst the Midlands saw solid expansion rates.

Growth of demand was broad-based across all nine types of permanent staff monitored by the survey in June. Engineering remained the most sought-after category, posting a substantial increase in vacancies. The slowest rates of expansion were indicated for “blue collar” and hotel & catering workers.

Despite the increase in figures, Brown warned that “candidates are still hedging their bets.”

He explained: “We are still witnessing a cautious approach with many hanging on to the jobs they know, fearing the insecurity that comes with starting somewhere new. Yet, if the economy continues along its current path, it is likely that candidates will also step out in increasing numbers as the year goes on.”

 

 

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