March Report on Jobs. Permanent and Temporary Staff Appointments Both Rose at Slower Rates

According to the Report on Jobs published today by the REC and KPMG, the rate of expansion of permanent staff placements eased in March following February’s 10 month high.
March data pointed to a further marked improvement in demand for staff. Permanent staff vacancies rose at the fastest pace since April 2010, while temporary/contract staff billings increased at the sharpest rate since July 2007.
The availability of staff to fill permanent jobs increased for a second successive month in March, albeit only marginally.
Kevin Green, the REC’s Chief Executive says, “The jobs market is still growing but at a slower rate than in February. The report again highlights that the UK has a two speed labour market with the private sector creating jobs as the public sector reduces employment. The good news is that vacancies are rising at their highest rate since April last year and March is the 18th consecutive month that vacancies have grown.”

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