News
Summary of the latest report
September’s Report on Jobs saw recruiters signalling a rise in permanent staff appointments, with the index increasing to 50.5 for the first time since September 2022. This improvement was linked to increased market confidence and a desire to expand. Similarly, positive temporary billings continued to grow, with the pace of growth being the second-fastest recorded in the past three years.
There was strong growth in both starting salaries and temporary pay rates in august, which saw the quickest rise in salaries since January. This rise was due to competition for highly skilled and niche-skilled candidates, which, combined with increased living costs, has driven an increase in pay.
There was also an increase in the number of candidates seeking new employment, with redundancies being the primary contributing factor. The number of people seeking permanent work was higher than those seeking temporary work.
Overall demand for staff fell for the thirty-fourth month in a row. However, the rate of contraction was the second weakest recorded in the past two years.
Read the latest press release here
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