Perm candidate placements down in London as vacancies rise

Permanent placements in London have declined for first time since October last year, according to the latest Report on Jobs from the Recruitment & Employment Confederation.

Findings from September’s data, released this morning, show permanent placements in the capital decreased marginally last month, ending a 10-month sequence of growth. The decline contrasted with another marked expansion across the UK as a whole, albeit the weakest since April. 

This latest data also indicated a 14th consecutive monthly rise in temporary billings at the end of the third quarter. Although solid, the rate of growth softened substantially on August and was the least marked since March. A rise in temporary billings was again witnessed across the UK as a whole in September. As was the case with permanent placements, however, the rate of growth weakened from August, with weaker increases in temp billing signalled for each monitored region bar Scotland.

The number of permanent job vacancies in London rose in September, continuing a trend evident since August last year. Notably, the rate of growth remained sharp. Demand for temporary staff in London also rose at a marked pace, albeit weaker than in August.

The supply of candidates available to fill permanent positions in London fell for the 52nd consecutive months during September. The rate of decline moderated from August but was marked overall. Permanent candidate supply also fell at the UK level in September, while the rate of contraction accelerated to a four-month record and was marked overall. The decline was broad-based across each of the surveyed regions, led by the South of England.

The availability of workers for short-term roles in London dropped further at the end of Q3. The rate of decline remained marked, despite easing since August. The availability of temporary staff also fell in line with the rest of the country, continuing a trend that evident since July 2013. The overall rate of reduction weakened since August, but remained sharp. Softer rates of deterioration were witnessed across all regions except bar the North of England.

• Want to comment on this story? Email us at recruiter.editorial@redactive.co.uk or tweet us below to tell us your thoughts. We will run comments online in a round-up at the end of the week.

Email story to a friend

Recruiters advised to listen to the ‘hidden’ youth and re-educate employers

Recruiters have a key role to play in helping the UK’s 480,000 ‘hidden’ youth unemployed into work.

20 February 2018

It’s the Year of the (recruitment) Dog!

It’s Chinese New Year and this year it’s the year of the dog. To mark this auspicious occasion Recruiter spoke with agencies that can call upon canine consultants.

Lighter Side 16 February 2018

Blu Global fires consultant for discriminating against British driver

A recruitment consultant has been fired after telling a candidate her agency’s positions exclude British candidates.

15 February 2018

REC’s Vallance to become interim CEO following Green’s departure

The Recruitment & Employment Confederation’s director of finance David Vallance is to assume the position of interim CEO, following Kevin Green’s departure on 15 March, until the new CEO is appointed.

People 13 February 2018
Top