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REC / KPMG REPORT ON JOBS – October 2015

Posted on 9/10/2015 by Conor Chadwick

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Stunted growth of placements continues through September…

The latest report on jobs is out for September and shows a continued increase in both permanent and temporary placement but at a slower rate, with permanent placements at the slowest level of growth for two and a half years.

Summary:

REC and KPMG released their report on jobs for September yesterday and it offers mixed reviews for the month, with certain locations and locations fairing considerably better than others.  The main positives to be taken are:

  • Both permanent and temporary placements continued to grow
  • Demand for staff increased over the course of September
  • The Midlands saw the strongest the growth of both permanent and temporary placements of all regions for the second month in a row

Regional differences:

Like August, September as a highly successful month for the Midlands, with continued growth. The Midlands saw the sharpest growth of any region for the second month in a row as both permanent and temporary placements experienced significant growth for the month. London did not fare as well, with the capital signally the only decline of all regions. This poses a number of questions, primarily: Has the capital lost some of its charm?

Growth of staff appointments:

Although growth was at the slowest rate for 20 months, it is still growth. September also saw the demand for staffing grow for both temporary and permanent placements. The starting salary for placement s also saw an increase in September, even if it the growth was slightly slower than in August.

Business sector variations:

September was also a promising month for the finance market as the accounting and finance sectors “led a broad-based expansion” of demand for permanent staff. Medical care and construction also fared quite well throughout September. The same can’t be said for the leisure or catering industries as they experienced the slowest growth of any industry.

 

For the full report, click here