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Category: Employment Market indicators

UK Job Vacancies Slipped To Lowest Levels In 8 Months In December

14th January 2022
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| Categories: Employment Market indicators, Financial Services News, Job, Recruitment, Simon Bean

According to the Recruitment and Employment Confederation (REC) and KPMG, job vacancies in the UK slipped to their lowest levels in eight months in December Meanwhile, a report from the British Chambers of Commerce (BCC) revealed 79% of businesses are experiencing difficulties recruiting people, particularly construction and hospitality firms.  The findings further contribute to the evidence that the arrival of the omicron variant of coronavirus has setback the UK’s economic recovery. …

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October News. Further drop in candidate availability

5th November 2021
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| Categories: Employment Market indicators, Financial Services News

Slower increases in permanent placements Candidate availability continues to drop rapidly as demand for staff rises further Starting salary inflation hits fresh series peak Starting salary inflation hits fresh series record in October Adjusted for seasonal factors, the Permanent Salaries Index signalled a sharp and accelerated rise in salaries awarded to new permanent joiners in the South of England in October. Furthermore, the rate of pay inflation reached a…

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Recruitment Activity August 21

9th September 2021
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| Categories: Employment Market indicators, Financial Services News, Recruitment, Simon Bean, Statistics

Permanent staff appointments expand at record rate Unprecedented decline in availability of workers Starting salary inflation hits fresh series high Record increase in permanent placements during August After slowing in July, growth of permanent staff appointments across the South of England accelerated to a fresh series high in August. The rapid upturn was frequently linked by recruiters to increased market activity following the relaxation of pandemic measures and greater…

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Employment Market Snaphot – June 21

12th July 2021
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| Categories: Employment Law, Employment Market indicators, Financial Services News

Return to more normal business operations, improved market confidence and greater demand for staff all drove a further marked increase in recruitment activity in June. Permanent staff appointments expanded at the quickest rate since the survey began in October 1997. 
Unprecedented increase in demand for workers 
The upturn in demand for workers gathered further momentum in June, with overall vacancies rising to the greatest extent in the near 24-year…

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COVID-19 pandemic leads to record fall in hiring activity in April

13th May 2020
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| Categories: Covid19, Employment Market indicators, Recruitment

Permanent placements decline at record rates Renewed falls in both starting salaries and temp pay Demand for staff deteriorates at fastest rate in series history Permanent staff appointments fall at record pace The number of people placed into permanent job roles in the South of England fell for the second month running in April. Furthermore, the rate of decline gathered pace since March and was the most severe in…

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Job Market December 2019..  KEY FINDINGS

6th December 2019
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| Categories: Employment Market indicators, Financial Services News

Permanent placements continue to fall   Permanent vacancy growth stuck at decade-low   Softer increases in starting pay   Permanent placements decline at quickest rate since June The seasonally adjusted Permanent Placements Index signalled a ninth successive monthly drop in permanent staff appointments across the South of England in November. There were numerous reports that employers were holding off or cancelling hiring plans due to political and economic uncertainty….

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Recruitment Still Strong despite Brexit…

18th December 2018
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| Categories: Employment Market indicators, Financial Services News, Recruitment, Simon Bean

Despite the uncertainty around Brexit, companies are still recruiting. It’s very much a candidates market at the moment and demand for workers is driving a sharp increase in starting salaries. It’s been getting harder and harder for firms to find good staff and with UK immigration policy likely to tighten, this trend isn’t going to get any easier. Concerns about a no deal Brexit are putting a handbrake on…

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Market Commentary Nov 18 – Demand still high

30th November 2018
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| Categories: Employment Market indicators, Financial Services News, Simon Bean

Steeper increases in permanent placements Starting salary inflation close to September’s recent high Steeper decline in candidate supply Commentary  “firms continue to hire new staff at near record rates. With the jobs market so heated, businesses across the country, of all types, are struggling to find work ready staff. Some clients tell us they are seeing the worst period of staff availability for many a year. A four-decade low…

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