Temporary job market a highlight in London, says report
New research shows that temporary jobs are a highlight of the London labour market.
Markit’s ‘Report on Jobs: London’ revealed that billings for temporary staff rose in August, while the reduction in permanent placements was the least pronounced for three months, offering hope to individuals searching for London jobs.
Ian Moffat, London partner at KPMG, noted that the summer is traditionally seen as a slow time for the jobs market, yet he claimed that a cautious recovery looks to be taking place and suggested it is being led by private sector employers, reported inaudit.com.
“It is still early days, but with temporary placements rising, the hope must be that employer confidence is returning and that they are looking to the long term and recruiting for growth,” said Mr Moffat.
In terms of which skills recruiters believe are in short supply for temporary workers, it was logistics, engineering and accountancy expertise that were picked out as being most in demand.
Commenting on the study, Recruitment and Employment Confederation chief executive Kevin Green hailed the “remarkable level of resilience” that the UK’s job market boasts, reported markiteconomics.com.
He went on to point out that the increase in demand for temporary staff could well be a sign that employers are keen to take advantage of the flexibility such contracts offer them.