{"id":495,"date":"2015-06-15T12:07:43","date_gmt":"2015-06-15T11:07:43","guid":{"rendered":"http:\/\/www.recruitment-connection.co.uk\/?p=495"},"modified":"2015-06-15T14:00:01","modified_gmt":"2015-06-15T13:00:01","slug":"job-market-report-may-2015","status":"publish","type":"post","link":"https:\/\/www.recruitment-connection.co.uk\/index.php\/2015\/06\/job-market-report-may-2015\/","title":{"rendered":"Job Market Report May 2015"},"content":{"rendered":"<h2>Job Market Report May 2015<\/h2>\n<h3>Key points from the May survey:<a href=\"http:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/01\/Website-Photos-069.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" class=\" size-medium wp-image-253 alignright\" src=\"http:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/01\/Website-Photos-069-300x225.jpg\" alt=\"Website Photos 069\" srcset=\"https:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/01\/Website-Photos-069-300x225.jpg 300w, https:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/01\/Website-Photos-069-1024x768.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/h3>\n<ul>\n<li>Growth of permanent placements eases, but remains marked overall<\/li>\n<li>Permanent salary growth remains strong<\/li>\n<\/ul>\n<h4>Permanent placements growth eases&#8230;<\/h4>\n<h4>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0&#8230;but temp billings rise at faster pace<\/h4>\n<h4>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Salary growth cools, but still strong&#8230;<\/h4>\n<h4>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 &#8230;as candidate availability remains tight.<\/h4>\n<p>&nbsp;<\/p>\n<p><strong>Permanent Placements<\/strong><\/p>\n<p>Permanent staff placements continued to rise in May. However, the rate of growth slowed to a four-month low.<\/p>\n<p>Permanent placements growth was broad-based across the English regions in May. The South registered the fastest rate of expansion, closely followed by the Midlands.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Permanent Vacancies<\/strong><\/p>\n<p>Demand from employers continued to rise but at the slowest rate in five months (for permanent staff). Private sector vacancies continued to show a higher increase than public sector vacancies. Private sector permanent staff saw the fastest increase overall.<\/p>\n<p>In terms of sector, Executive\/Professional employees and Accounting\/Financial topped the rankings for the fastest rate of growth in demand for permanent staff.<\/p>\n<p><strong>Other Vacancy Data<\/strong><\/p>\n<p>Latest official data from the Office for National Statistics (ONS) signalled that vacancies rose 14.9% on an annual basis in the three months to April. That was the slowest growth since October 2013.<\/p>\n<p>Meanwhile, internet-based recruitment spending was up 4.5% on a year-on-year basis in the fourth quarter of 2014. This was the weakest rise since the first quarter of 2013.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Staff Availability <\/strong><\/p>\n<p>The availability of candidates to fill permanent roles continued to fall in May. The rate of decline remained marked, despite easing to the slowest in three months. Around 41% of survey respondents signalled lower availability, compared with fewer than 10% that noted a rise.<\/p>\n<p>All four English regions saw reduced permanent staff availability during May. The South recorded the greatest decline.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Pay Pressures &#8211; Permanent salaries<\/strong><\/p>\n<p>Average starting salaries for permanent staff increased further in May. The rate of inflation remained strong, despite easing from April\u2019s nine-month high. Around 32% of panellists reported a rise in salaries, compared with 3% that signalled a decline. Increased salaries were attributed by panellists to a combination of strong demand for staff and shortages of skilled candidates.<\/p>\n<p>Salaries rose in all four English regions, with the Midlands posting the fastest growth.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>UK average weekly earnings<\/strong><\/p>\n<p>Data from the Office for National Statistics indicated that annual growth of employee earnings (including bonuses) quickened to 1.9% in the three months to March, from 1.7% in the three months to February. This was driven by stronger pay growth in the private sector, offsetting a slowdown to near-stagnation in the public sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Job Market Report May 2015 Key points from the May survey: Growth of permanent placements eases, but remains marked overall Permanent salary growth remains strong Permanent placements growth eases&#8230; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0&#8230;but temp billings rise at faster pace \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Salary growth cools, but still strong&#8230; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 &#8230;as candidate availability remains tight. &nbsp; Permanent Placements Permanent staff placements continued to rise in May. However, the rate of growth slowed to a four-month low. Permanent placements growth was broad-based across the&#8230; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"twitterCardType":"app","cardImageID":0,"cardImage":"","cardTitle":"","cardDesc":"","cardImageAlt":"","cardPlayer":"","cardPlayerWidth":0,"cardPlayerHeight":0,"cardPlayerStream":"","cardPlayerCodec":"","footnotes":""},"categories":[52,4,54,13],"tags":[5,87,91,90,88,20,35,17,19,89],"class_list":["post-495","post","type-post","status-publish","format-standard","hentry","category-employment-market-indicators","category-job","category-recruitment","category-statistics","tag-financial-services-recruitment","tag-job-market","tag-job-market-news","tag-job-market-statistics","tag-monthly-job-report","tag-placements","tag-recruiter","tag-recruitment","tag-staff","tag-statistics"],"_links":{"self":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=495"}],"version-history":[{"count":4,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/495\/revisions"}],"predecessor-version":[{"id":500,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/495\/revisions\/500"}],"wp:attachment":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}