The latest data from the Markit/REC (Recruitment and Employment Confederation) Report on Jobs showed permanent staff placements continued to rise in November, on a month-to-month basis, with the rate of growth rising to its sharpest rate since February. Temporary/contract staff appointments also rose at a quicker pace, with the rate of growth reaching a seven-month high.
“The jobs market is ending the year on a high with appointments and vacancies at levels not seen since February,” REC Chief Executive Kevin Green said. “In all parts of the UK, recruiters are reporting increasing demand, so clearly businesses continue to seek growth in their workforces.”
Meanwhile, the availability of staff for filling job vacancies continued to fall during November. Latest data pointed to the fastest decline in permanent staff availability for eight months, while temporary staff availability also dropped at a quicker rate.
“The main concern as we look forward to 2017 is an increasing skills shortage,” Green said. “The UK employment rate is at a record high and jobs are going unfilled in key areas. Talent shortages will be exacerbated if the government imposes restrictions on people coming to the UK from abroad” Green said.
According to the report, the rate of growth in permanent starting salaries reached a six-month high in November. Short-term pay rates also continued to rise, and at the fastest rate since August.
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