REC/KPMG Report on Jobs gives grounds for optimism
8 November 2012
Jobs were filled at the fastest rate for nearly months in October as more people found work in both temporary and permanent positions, according to the latest Recruitment & Employment Confederation (REC)/KPMG Report on Jobs.
Thurs, 8 Nov 2012
Jobs were filled at the fastest rate for nearly months in October as more people found work in both temporary and permanent positions, according to the latest Recruitment & Employment Confederation (REC)/KPMG Report on Jobs.
Key points:
· Permanent appointments increase for first time since May, with 41% reporting an increase in placements versus 28% who noted a reduction
· Growth of temp billings grew for the third month running accelerating to 18-month high
· Sharpest rise in job vacancies since June 2011, with the Report on Jobs Vacancies Index rising to 55.2, up from 54.3 in September
· Nursing/Medical/Care staff remain most in-demand, with the Report on Jobs Vacancies Index increasing to 58.6
Recruitment and Employment Confederation chief executive Kevin Green says: “The sharpest rise in job vacancies in over a year shows employers are confident about their own businesses and, as they deal with increasing demand, are driving the momentum for more people finding work.
“We’ve now seen rises in the number of workers placed into temporary jobs for three months in a row. This is a sure sign British bosses understand the business case for using a flexible workforce to handle fluctuating demand and costs effectively. More people engaging in flexible work is a trend that’s going to increase in our post-recession economy.”
Bernard Brown, partner and head of business services at KPMG, adds: “It may not be leaps and bounds yet, in terms of progress, but these are the largest strides for some time and should not go unnoticed.
“Of course, no one should be under any illusions that a strong jobs market indicates a strong recovery, but confidence is what drives a buoyant market and the hope must be that businesses are ready to recruit for the long-term.”
Jobs were filled at the fastest rate for nearly months in October as more people found work in both temporary and permanent positions, according to the latest Recruitment & Employment Confederation (REC)/KPMG Report on Jobs.
Key points:
· Permanent appointments increase for first time since May, with 41% reporting an increase in placements versus 28% who noted a reduction
· Growth of temp billings grew for the third month running accelerating to 18-month high
· Sharpest rise in job vacancies since June 2011, with the Report on Jobs Vacancies Index rising to 55.2, up from 54.3 in September
· Nursing/Medical/Care staff remain most in-demand, with the Report on Jobs Vacancies Index increasing to 58.6
Recruitment and Employment Confederation chief executive Kevin Green says: “The sharpest rise in job vacancies in over a year shows employers are confident about their own businesses and, as they deal with increasing demand, are driving the momentum for more people finding work.
“We’ve now seen rises in the number of workers placed into temporary jobs for three months in a row. This is a sure sign British bosses understand the business case for using a flexible workforce to handle fluctuating demand and costs effectively. More people engaging in flexible work is a trend that’s going to increase in our post-recession economy.”
Bernard Brown, partner and head of business services at KPMG, adds: “It may not be leaps and bounds yet, in terms of progress, but these are the largest strides for some time and should not go unnoticed.
“Of course, no one should be under any illusions that a strong jobs market indicates a strong recovery, but confidence is what drives a buoyant market and the hope must be that businesses are ready to recruit for the long-term.”
