Temp vacancies in financial services, the public sector and commerce & industry declined 4% between the first and second quarters of 2012, finds a new report from temporary and contractor recruitment agency Venn Group.

However, jobs are still significantly above 2011 levels following an overall increase of 33% in the number of temp jobs available between the final quarter of 2011, and Q1 2012. Q2 2012 hiring levels are also 14% higher than Q4 2011.

Particular highlights of Venn Group’s report are an 8.6% rise in public sector roles in London and 6.9% financial services growth following a fall last year.

London also saw a 6.9% commerce & industry growth in jobs, but across industries average interim day rates in the capitals have shrunk slightly from £320 in Q1 to £302.

In the South-West, they have risen by £52 or nearly 20% to reach £306, the biggest rise in the country.

Robert Bowyer, director of Venn Group, says: “While there is no doubt that the employment market is experiencing turbulent times, in the second quarter of 2012 the temporary market appears to be faring very well.”