Permanent and temporary hiring on the up
The number of people finding permanent and temporary work is on the up; wages and the demand for staff has also risen.
According to telegraph.co.uk, the Recruitment & Employment Confederation (REC) and KPMG reported that in December, permanent placements reached a 64.6 reading, a rise from 59.3 the previous month. This is the third best result seen since the survey started back in 1997. On the scale, anything above 50 indicates a rise and anything below signals a decline.
Moreover, temporary hiring also hit a 15 year high and demand for staff also remained near its 15 year high achieved in the previous month.
Kate Shoesmith, head of policy at the REC, said although the new figures were positive, some employers are reporting that they are unable to find candidates to employ with the right skills.
“The UK labour market is starting the New Year in robust form,” she commented. “Increasing demand for temp workers has driven up hourly pay rates for agency workers for the 11th month on the trot. Growing confidence means more and more employers are willing to invest in their workforce and take on more people.”
Starting salaries have also increased and December saw the biggest rise since October 2007.