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The November Report on Jobs

Posted on December 09, 2015

Key points:

  • Permanent and temporary appointments both increase
  • Availability of candidates remains tight
  • Growth of pay continues to rise

Staff appointments continue to grow…

Permanent staff placements increased once more in November, with expansion quickening to a seven-month high. This was the same for Temporary or Contract roles, with growth the sharpest in five months.

Vacancy growth eases but still strong…

There was a continued demand for staff in November but this did ease to a 29-month low. Coupled with the decrease in availability of candidates for both permanent and temporary roles in a range of positions.

Salaries continue to rise…

Permanent staff salaries continued to rise in November. The latest increase was again strong, with panellists citing competition for qualified staff. Temporary staff hourly pay rates rose at the fastest pace in three months, although growth remained slower than that seen for permanent employees.

Regional and sector variation:

The slowest rise in permanent placements was felt in the South although they did continue to grow. The main issue felt in our region was the availability of candidates for a variety of roles but the most prominent shortages were for Accountancy, Engineering, Managerial, Executive and Construction positions.

November data signalled that demand for staff remained considerably stronger in the private sector than the public sector, with private sector permanent employees seeing the strongest growth overall. In contrast, public sector permanent staff saw a decline in demand for their services.

Comments:

Bernard Brown, Partner at KPMG, comments:

“November saw a further tightening of labour market conditions, with few sectors remaining immune from the effects of ongoing skills shortages. Wages in the construction sector rose yet again, with the ONS reporting weekly earnings surging by 6%, double the average pay rise awarded across the rest of the economy.

“Recruiters will hope the annual influx of job hunters in January will reinvigorate the market and replenish the rapidly diminishing pool of available talent.”

Cathedral Appointments,

November was certainly a busier month in the Cathedral Appointments office but we have certainly noticed a shortage of candidates for particular roles. The busiest divisions have been the Accountancy, Executive and Office divisions with the Legal division having the most roles available but the shortest supply of candidates.

If you want any more information about Cathedral Appointments or how we can help you, please contact us on [email protected] or 01392 413577