Signs of recovery

A media frenzy has greeted the August Report on Jobs – a regular report published by our governing body the Recruitment and Employment Confederation and KPMG. It suggests the labour market is showing signs of recovery – so it’s hardly surprising the newspapers, tv and radio stations have been quick to pick up on it!

We submit data to that report and our findings are in line with the overall picture the key points of which are:
• marginal increases in both permanent and temporary staff appointments
• candidate availability rose at weaker pace
• permanent and temporary staff pay fell at slower rates

The REC’s chief executive Kevin Green told the BBC that employers are becoming ‘more confident in their hiring decisions’. Again, that’s something we would agree with. After many months of clients hanging back from making long term decisions about taking on permanent staff, we are now seeing movement in that market.
The good thing is those now actively seeking staff have a very definite need - companies aren’t just trawling the labour market on spec.

Kevin said: ‘For the first time in 17 months, this month’s report shows signs that the UK jobs market is improving. There has been an increase in permanent recruitment and growth in temporary placements for the first time in over a year.”

And that, as everyone in recruitment and HR would agree, is very welcome – and very good – news.