Permanent placements in UK rise to greatest extent since August
Staff appointments rise further November data indicated that permanent staff placements rose at the quickest pace for three months, supported by strong underlying demand for staff.
Growth of temp billings also remained marked, and picked up slightly since October.
Staff vacancies rose sharply for both permanent and temporary roles in November.
However, overall growth of demand for staff weakened slightly due to a softer increase in permanent staff vacancies.
Starting salaries for permanent staff continued to rise sharply on the back of strong demand for staff and skill shortages.
Despite easing since October, the rate of inflation remained strong.
Temp wages also continued to rise at a marked pace midway through the fourth quarter.
Recruitment consultancies reported a further steep drop in permanent candidate availability during November.
This was despite the rate of reduction easing to the weakest for seven months.
Temp candidate supply meanwhile declined at a slightly quicker rate than seen in October.
The strongest increase in permanent placements was seen in the Midlands, followed by Scotland.
The South of England meanwhile registered a modest upturn that was the weakest of all monitored UK regions.
Growth in temp billings remained broad-based across all monitored UK regions, led by the North of England.
Demand for staff remained much stronger across the private sector than the public sector in November.
Private sector staff vacancies rose sharply for both permanent and temporary roles, though rates of expansion eased slightly from the previous month.
At the same time, growth of demand for permanent workers in the public sector weakened to a marginal pace, while temporary vacancies in the sector rose at the softest rate for four months.
The number of permanent staff vacancies increased across all monitored sectors in November, with Accounting/Financial and IT & Computing coming in first and second place in the rankings.
The slowest, but still marked, upturn in permanent staff demand was seen in construction. ■