News
Permanent recruitment on the up
Published on 3rd March 2010 by Harriet Lavender
The number of permanent hires last month saw the greatest increase in two-and-a-half year's, research has revealed.
The monthly Report on Jobs survey by the Recruitment and Employment Confederation and KPMG found that the index for the number of permanent job placements rose to 63.2 in February, compared to 60.5 in January.
This was the fastest rate of increase since July 2007, before the recession hit. The number of people placed into permanent posts has increased for seven consecutive months.
Bernard Brown, partner and head of business services at KPMG, said: "The latest figures seem to confirm that the UK jobs market is on the road to recovery. Permanent job placements are growing at their fastest pace since July 2007, with both vacancies and salaries increasing.
However, this all comes with one big warning: the impact of the inevitable public sector recession on the jobs market has yet to be felt and will be played out over the next six to 12 months."
But the survey of 400 recruitment agencies found that the growth in the placement of temporary jobs eased from an index of 59 in January to 57.9 in February.
The survey also revealed that the growth of permanent staff salaries accelerated to a 20-month high in February, to an index of 54.1, up from 53 in January.
(Source: Personneltoday)