Report on Jobs – July

The Report on Jobs captures original survey data which provide the most up-to-date monthly picture of recruitment, employment, staff availability and employee earnings trends available. There are three reports, one covering the UK as a whole, one focused specifically on the North of England and one on the South.

The Report on Jobs is a monthly publication produced by IHS Markit and sponsored by the Recruitment and Employment Confederation.

Here are the key points from the North Report on Jobs:

• Slowest upturn in permanent placements for ten months
• Steepest decline in permanent staff availability since December 2017
• Rates of increase in both permanent and temp pay in the North of England strongest on regional basis

Here are the key points from the South Report on Jobs:

• Permanent placement growth softens to nine-month low, while temp billings increase at faster pace
• Staff vacancies expand at quickest rate since last November
• Decline in candidate availability eases, but remains historically sharp

Here are the key points from the UK Report on Jobs:

•  Permanent placement growth softens to nine-month low, while temp billings increase at faster pace
• Staff vacancies expand at quickest rate since last November
• Decline in candidate availability eases, but remains historically sharp

Sophie Wingfield, Head of Policy at REC says:

“The rise in interest rates for only the second time in a decade may leave some people feeling the pinch. But a new job is one way people can ease the burden on their finances. With our data showing starting salaries continuing to rise, the latest official government figures suggest that we are finally seeing the effects of a tighter labour market feed through to pay.”

“Following a period of turbulence and big name closures, the World Cup and heatwave had retailers enjoying a ‘summer bounce’ and basking in the sun with demand for temporary staff on the up with many businesses positively revising their hiring plans. Right now students on their summer break can make the most of these opportunities and cash-in while gaining valuable experience and new skills.”

For your free copies of the full reports, please get in touch or call 0333 023 0077.