January sees weaker growth in staff placements in UK
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. ■