The authoritative monthly “Report on Jobs” has for nearly 20 years been surveying agencies to reveal recruitment trends, data and confidence across the UK and across employment sectors.
Its latest survey suggests a continuing buoyant picture.
- Permanent placements weakens from February’s peak.
- Demand for staff holds up
- Sharp falls in availability of permanent staff
- Salary growth continues
- IT, Nursing/Medical and Engineering lead perm staff with Executive, Blue Collar and Construction at the bottom
- Nursing/Medical, Blue Collar and Engineering lead temp demand while Executive and Financial bring up the rear
- North of England with the sharpest growth in temp and perm
- Permanent placements grow but weaker than rest of UK
- Temp billings increase but the weakest region
- Perm and temp candidate availability decreased sharply
- Salary growth at continues
Commenting on the latest survey results, REC Chief Executive Kevin Green says:
“Finding people to do the jobs on offer is rapidly becoming employers’ biggest headache and many are reporting an increasing number of white collar jobs as hard to fill, including in the IT and financial sectors.
“Shortages of appropriately skilled, willing and able candidates was a problem before the referendum. Our concern is that Brexit will make the problem worse, particularly if onerous restrictions are imposed on people coming from the EU to work.
“Also, economic uncertainty about future prospects is having a detrimental effect on employees’ willingness to risk a career move at this time, which seems to be driving down candidate availability. Our data shows London and the South, where financial services jobs are concentrated, as particularly suffering from low candidate availability for permanent job vacancies.
“This shrinking talent pool of available candidates means that businesses are boosting the starting salaries and hourly rates they are prepared to offer to the right candidate. So for job hunters willing to move roles at the moment, there are financial rewards on offer – especially it seems in finance, IT and other management and office-based professional roles.”