News
Summary of the latest report
July's Report on Jobs shows the labour market has started to stabilise, with temporary billings rising at the fastest rate since April 2023. Employers have continued to prioritise flexible staffing solutions amid economic uncertainty to complete projects and support business development. Permanent placements declined again in June, but at the slowest pace in three months, suggesting conditions may be starting to improve and bringing a greater sense of stability to the market.
Candidate availability continued to increase due to redundancies and weaker hiring activity, although growth in labour supply was the slowest seen in four months. Overall vacancies fell at the quickest pace since January, driven by a sharper decline in permanent roles.
Pay growth strengthened for both permanent and temporary workers, reaching its highest level since January. However, salary and wage growth remained below long-term averages.
Read the key findings to understand the latest trends in salaries, staff availability and sector demand.
Read the latest press release here
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