Report shows increase in number of permanent staff placements

The latest IHS Markit/REC Report has shown that the number of permanent placements increased at the fastest pace for three months in November.

The report identified the sectors that saw the biggest increase in permanent staff vacancies, with accounting and financial seeing the highest rise, followed by IT and computing.

Strong

Starting salaries also increased last month, while demand for staff was strong. Temporary staff wages also increased.

The regions with the strongest growth in permanent placements were also revealed, with the Midlands seeing the highest increase. Scotland came second, while the South of England saw the weakest growth in permanent vacancies.

Several regions saw an increase in temporary billings, with the highest rise being in the North of England.

Slower

The report also looked at permanent and temporary vacancies in the private and public sectors and found that demand for staff was strong in the private sector, with both permanent and temporary staff vacancies increasing in November. However, the rates of growth were slower compared with the previous month.

The public sector saw weaker growth in demand for permanent staff, whilst temporary vacancies in the sector grew at the slowest rate for four months.

Commenting on the rise in vacancies, REC Chief Executive Kevin Green said that recruiters are placing more people into jobs, particularly in the private sector, despite the current uncertainties that have been caused by Brexit.