Data shows increase in permanent vacancies in finance

New data from the Association of Professional Staffing Companies (APSCo) has shown that permanent vacancies in the finance sector have increased by 8 per cent since last year.

The overall number of permanent vacancies showed a rise of 2 per cent in June 2017 compared with 2016.

Differences  

The data also showed differences in hiring activity across a number of sectors. Permanent vacancies in engineering sector increased by 4 per cent, whilst the number of permanent roles in the IT sector dropped by 5 per cent.

The figures also showed an increase in median salaries across all professional sectors in June 2017, with a rise of 0.1 per cent. Salary increases were seen in the finance, engineering and IT sectors, with a rise of 3.5 per cent, 2.4 per cent and 0.2 per cent respectively.

Strengthen

APSCo Chief Executive Ann Swain said that it shows that permanent and flexible placements continued to strengthen in June, but the forward trajectory is a lot less certain.

“This is unsurprising when you consider that the UK is currently going through an unprecedented level of unpredictability, with both employers and candidates becoming more hesitant to make big employment decisions against the current landscape,” she said.