Slower rise in permanent placements…
June data signalled a further increase in permanent staff placements. Although remaining stronger than the survey’s long-run average, the rate of expansion eased to the slowest in 25 months.
Candidate availability remains tight…
A key factor weighing on growth of staff appointments was shortages of qualified candidates. Although easing slightly since May, rates of decline in both permanent and temporary candidate availability remained considerable.
…fuelling further pay increases
The rate of permanent salary inflation remained strong and well above the survey’s historical trend in June, despite easing to a four-month low. Temp pay growth moderated to the slowest in 14 months, but again remained marked overall.
