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January sees weaker growth in staff placements in UK

Staff Writer |
January data signalled a further marked increase in permanent staff placements, despite the rate of growth easing to its slowest since September 2016.

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Growth in temp billings remained sharp in January, in spite of the rate of expansion easing from December’s eight-month peak, according to the Markit/REC Report on Job.

Candidate availability continues to tighten. Recruitment agencies continued to signal a drop in candidate availability at the start of 2017.

While permanent staff availability declined at a slightly faster rate, the drop in temp staff availability was the slowest in three months.

Permanent staff starting salaries increased at a sharp and accelerated pace in January, with the rate of inflation the quickest in nine months.

At the same time, growth in temp pay rates weakened from December’s seven-month record.

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