Staff placements increase at highest rate for over 2 yrs and Contractor revenue is up also

According to the REC/KPMG Report on Jobs for June the growth of permanent staff placements accelerated markedly, reaching the fastest rate for over two years. Similarly, temporary/contract staff billings rose at a much sharper pace, with the latest increase the strongest in seven months, with contract assignments being filled more quickly earlier on the year.

Key points:
Permanent staff appointments rise at fastest pace since April 2011
Strongest increase in temp billings for seven months
Vacancy growth at three-year high
Pay growth accelerates

Commenting on the latest survey results REC Chief Executive Kevin Green said “We are now seeing the UK jobs market blast off with the highest number of people being placed in permanent jobs for two years and demand for staff at a three year high. The UK jobs market has been agile enough to weather the recession and emerge with more people in work than ever before and has performed considerably better than our European counterparts. Our main concern is that the soaring success of the jobs market and signs of economic recovery could be undermined if the government does not do more to address the growing skills gap.” He continued, “Roles in Engineering and IT are in ever increasing demand as recruiters struggle to source the talent that businesses need to succeed.”

See the full report here