POST Online Media Lite Edition


Growth in permanent jobs reaches one-year high in UK

Staff Writer |
Growth in permanent placements in the UK picked up from January’s recent low to reach a one-year high in February. In contrast, temp billings increased at the softest pace in four months.

Article continues below

Job vacancies continued to increase in February. Overall, demand for staff rose at the quickest rate in one-and-a-half years, with both permanent and temporary workers seeing faster increases.

The availability of staff to fill job vacancies declined sharply in February.

Both permanent and short-term candidate supply deteriorated and to a greater extent than at the start of the year, with the former noting the steepest rate of reduction.

Starting salaries for candidates placed into permanent roles increased at the quickest pace since March 2016 in February.

Meanwhile, temp pay growth picked up slightly from January and was the second-fastest seen in nine months.

Data split by region indicated that permanent placements increased across all four English regions in February, while Scotland saw the first expansion since September 2016.

Continuing a trend that has been evident since last October, agencies based in the North of England saw the quickest increase in temp billings.

What to read next

UK GDP growth stays unchanged for Q4 2016
Growth in permanent placements slows slightly in UK
British salaries rise in January at slowest pace since 2013