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Job demand rose by 15% on last year in January, according to the latest Monster Employment Index.

The index reveals the IT sector saw opportunities increase more than any other sector with 34% annual growth.

Demand for accounting and tax professionals has soared by 18% over the year.

A freelancer has been cleared of avoiding tax, while working as a freelance contractor by an employment tribunal. The long running IR35 dispute was concluded when a tribunal cleared PCG member Mark Fitzpatrick of using his limited company MBF Design Services to avoid tax.

Employers will have to apply for a Certificate of Sponsorship (COS) from the UK Border Agency for a specific role should they wish to bring someone to the UK.

Apprenticeships must provide a vehicle to deliver a vital source of talent if Britain is to become a ’high tech, high skills’ economy, according to the skills minister.

Skills minister John Hayes told Recruiter apprenticeships would become increasingly important “in all kinds of areas” such as engineering, construction, IT, the creative industries and finance.

The calibre of recent graduates is “consistently” poor, according to Gary Ashworth, executive chairman of IT recruiter InterQuest. Ashworth says the firm has spent the last three months seeking to fill 50 positions and has only found five suitable recruits.

There was a 2% drop in City vacancies in February compared to January, according to the latest Morgan McKinley London Employment Monitor.

However, vacancies were still 11% on the same time last year.

A lack of preparation by both candidates and interviewers is creating a culture of fear and stress around job interviews, according to a new poll from Monster.co.uk. Apparently one in seven candidates (15%) have actually been reduced to tears by a job interview.

UK merger and acquisition (M&A) activity improved last year following a weak performance in 2009, according to private equity firm Baird’s ‘Business Services Sector Review’.

Vicki Brassington on: The main errors recruiters make when taking on trainee recruiters

Revenues have fallen at international human resources consulting group Penna Consulting, according to its preliminary unaudited results for the year ended 31 March 2011.

The group’s results reveal:

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