Recruitment activity picks up as vacancy growth hits record high
Recruitment activity picks up again in June, as vacancy growth hits record high, according to latest Recruitment & Employment Confederation survey.
"The latest KPMG and REC, UK Report on Jobs survey showed that recruitment activity surged again in June amid reports of greater demand for staff and the return to more normal business conditions as lockdown measures eased. Permanent appointments growth hit a fresh series record, while the upturn in temp billings was among the fastest in the survey history. At the same time, vacancy growth hit a new series record. See the REC bulletin and survey here.
The availability of workers declined at an unprecedented rate, however, driven by faster falls in the supply of both temporary and permanent staff. As a result, rates of starting pay rose rapidly at the end of the second quarter.
Permanent placement growth hits record high, temp billings also rise sharply
The steady return to more normal business operations, improved market confidence and greater demand for staff all drove a further marked increase in recruitment activity in June. Permanent staff appointments expanded at the quickest rate since the survey began in October 1997, while temp billings growth hit the highest for nearly 23 years."
(Source: KPMG/REC report, July 21 compiled by IHS Markit from responses to questionnaires sent to a panel of around 400 UK recruitment and employment consultancies.)
"The latest KPMG and REC, UK Report on Jobs survey showed that recruitment activity surged again in June amid reports of greater demand for staff and the return to more normal business conditions as lockdown measures eased. Permanent appointments growth hit a fresh series record, while the upturn in temp billings was among the fastest in the survey history. At the same time, vacancy growth hit a new series record. See the REC bulletin and survey here.
The availability of workers declined at an unprecedented rate, however, driven by faster falls in the supply of both temporary and permanent staff. As a result, rates of starting pay rose rapidly at the end of the second quarter.
Permanent placement growth hits record high, temp billings also rise sharply
The steady return to more normal business operations, improved market confidence and greater demand for staff all drove a further marked increase in recruitment activity in June. Permanent staff appointments expanded at the quickest rate since the survey began in October 1997, while temp billings growth hit the highest for nearly 23 years."
(Source: KPMG/REC report, July 21 compiled by IHS Markit from responses to questionnaires sent to a panel of around 400 UK recruitment and employment consultancies.)