Permanent placements see stronger growth in October

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Key points from the October survey:

  • Permanent placements growth reaches eight-month high 
  • Demand for permanent candidates at its highest since May
  • Decline in staff availability

Despite ongoing uncertainty the UK jobs market is thriving again in most areas of the UK. Job vacancies are back to levels not seen since April, and for the third consecutive month recruiters have reported an increase in the amount of people finding permanent jobs.

Permanent and temporary placements rise solidly…

The amount of people placed in permanent roles increased for the third month running in October. Moreover, the rate of expansion quickened to the steepest recorded in eight months. 

…as demand for staff improves further

The robust increase in staff appointments was supported by increased employee vacancies in the latest period. Furthermore, demand for both permanent staff was at the highest since May.

Stronger increase in salaries

Permanent staff starting salaries rose further in October, with the rate of increase picking up to its strongest for five months.

Further drop in candidate availability

The availability of permanent candidates continued to decline in October, and at a steeper rate than in September.

Availability of permanent staff

Permanent staff availability deteriorated during October, thereby extending the current trend to three-and-a-half years. Furthermore, the rate of reduction was sharper than seen in the previous month.

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About

Simon Bean is managing director of the Recruitment Connection and has been recruiting since 1985. He is a Fellow of the Institute of Recruitment Professionals (IRP).