Report on jobs – June

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:

• Permanent job vacancies increase at sharpest pace in ten months
• Steepest decline in jobseekers for permanent roles in year-to-date
• Starting pay inflation among the strongest in four years

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

• June data signals weaker increases in permanent placements and temp billings
• Sharp reduction in worker availability leads to marked rates of pay inflation
• Demand for both permanent and temporary staff rises sharply

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

•  Permanent placements and temp billings continue to rise, but not as sharply as previous months
• Candidate availability deteriorates at steeper pace
• Robust demand for staff leads to further marked rises in pay

Neil Carberry, REC Chief Executive says:

“It’s a great time for people looking to take the next step in their careers, as employers compete for new staff in a tight market. It’s a candidate’s market out there.
Across the majority of sectors, both temporary and permanent opportunities are growing, and a lack of candidates means it is no surprise to see starting pay also rising.
Recruiters report that some of this high vacancy rate may be driven by good demand from companies not being matched by candidate willingness to move in the face of the current economic uncertainty.
The one sector that stands out as in a different place is retail. Placements are stagnating as the sector reshapes quickly, driven by changing customer demand and stiff competition. But the type of customer service skills retail workers develop are in huge demand in other sectors, and the sheer size of our retail sector means there are still opportunities in stores.”

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