The growth in job vacancies in the UK reached an eight-month high in March, according to the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, which was released today.
This growth was led by the IT and Computing sector, while the Engineering and Construction sector also performed well.
Recruitment consultants also reported a rise in permanent staff placements for the third month in a row, although the growth slowed from the nine-month high seen in February.
Short-term appointments showed a moderate decrease, with many employers choosing to convert temporary/contract staff into permanent employees. This may be due to the effect of the Agency Worker Regulations, which mean that agency workers now have the same rights as directly employed staff after spending 12 weeks in a job.
Meanwhile the growth of permanent staff availability slowed further in March and temporary/contract staff availability rose at the weakest rate recorded since August 2011.
Looking at pay levels, the starting salaries awarded to permanent recruits were unchanged last month and seem to be stagnating. The pay for temporary/contract staff increased, perhaps because of the the inflationary impact of the Agency Worker Regulations.
Tom Hadley, REC’s director of Policy and Professional Services, said that the rise in permanent appointments and vacancy growth is good news for those looking for a job, as well as being “a positive indication of increasing employer confidence”.
Employer confidence and hiring activity should be further boosted by recent tax changes announced in the Budget, the Youth Contract and reductions in red tape for businesses, he added.
The monthly Report on Jobs, produced by Markit on behalf of the REC and KPMG, is compiled using original survey data provided by recruitment consultancies.
Jenrick Engineering is a recruitment partner for many of the leading Engineering Corporations within the UK, providing an array of contract and permanent job opportunities for engineers who operate within this sector.
If you would like to explore job opportunities within the engineering sector, or wish to seek advice regarding recruiting contractors or permanent staff, please contact our offices at Burton on Trent (on 01283 548 121) or Crick, Northampton (on 01788 824555).
Article Source: financial-news.co.uk
Tags: Agency Workers Regulations (AWR), engineering and construction sector, engineering job growth, growth in I.T. job market, hiring temporary workers, IT and computing sector, it job market news, The recruitment and employment Confederation, UK employment growth