RESULTS ARE IN FROM THE REC/KPMG’S AUG ’14 ‘REPORT ON JOBS’
This monthly guide to the UK labour market, uses survey data provided by a select panel of recruitment consultancies.
Key points from this month’s survey:
- Demand for staff increases at fastest pace since April 1998
- Growth of staff appointments remains marked, despite easing
- Candidate shortages fuel strong pay growth
Latest official data from the Office for National Statistics (ONS) indicated that vacancies were up 22.2% on an annual basis in the three months to July. Meanwhile, internet-based recruitment spending continued to increase at a strong annual pace. Latest data showed a 7.8% rise in Q1 2014 from the corresponding period one year earlier.
Demand for staff continued to rise at a considerably stronger rate in the private sector than in the public sector during the latest survey period. In both cases, temps saw faster growth than permanent workers on a non-seasonally adjusted basis in August.