August 2018 Newsletter

KEY POINTS FROM SURVEY

Nationally

Permanent placement growth softens to nine-month low, while temp billings increase at faster pace.
Staff vacancies expand at quickest rate since November
Decline in candidate availability eases, but remains historically sharp.

For The North

Slowest upturn in permanent placements for ten months
Steepest decline in permanent staff availability since December 2017
Rates of increase in both permanent and temp pay in the North of England strongest on regional basis.

PERMANENT PLACEMENTS RISE AT SLOWER PACE AMID FURTHER DROP IN CANDIDATE AVAILABILITY.

Sophie Wingfield, Head of Policy at REC says:

“The rise in interest rates for only the second time in a decade may leave some people feeling the pinch. But a new job is one way people can ease the burden on their finances. With our data showing starting salaries continuing to rise, the latest official government figures suggest that we are finally seeing the effects of a tighter labour market feed through to pay.

Following a period of turbulence and big name closures, the World Cup and heatwave had retailers enjoying a “summer bounce” and basking in the sun with demand for temporary staff on the up with many businesses positively revising their hiring plans. Right now students on their summer break can make the most of these opportunities and cash-in while gaining valuable experience and new skills.”

DEMAND FOR STAFF BY SECTOR

Permanent Staff

UK recruitment consultancies signalled a sustained rise in the amount of people placed into permanent job roles in July, thereby extending the current trend to two years.  Though sharp, the rate of expansion eased for the fourth month in a row to the softest recorded since last October.  Anecdotal evidence indicated that robust demand for staff and quicker decision-making at clients had driven the latest upturn in permanent staff appointments.  However, a number of panellists commented that widespread candidate shortages weighed on overall growth.

Permanent placements rose at faster rates in the Midlands and the South of England, but growth softened in the North of England.  In contrast permanent appointments feel slightly in London.

IT & Computing staff was the most in-demand category for permanent staff in July.  Nonetheless, steep increases in vacancies were also registered in the remaining nine job categories.  The slowest rise in demand was reported for Retail workers.

IT/Computing

Engineering

Nursing/Medical/Care

Accounting/Financial

Executive/Professional

Hotel/Catering

Secretarial/Clerical

Blue Collar

Construction

Retail

Temporary Staff

Survey data for July signalled a further steep increase in agencies’ billings received from the employment of temporary/contract staff.  Notably, the rate of growth picked up from June’s three-month low and was stronger than the historical series average.  Increased activity at clients and, in some cases, a lack of available candidates, were linked by respondents to higher temp billings at the start of the third quarter.

Growth was broad-based across the four monitored English regions during July, with the sharpest rate of increase seen in the North of England.

Temporary staff vacancies rose across all of the ten monitored job categories in July, with the sharpest increases seen across Blue Collar and Nursing/Medical/Care.  The slowest but still marked, rise in short-term roles was signalled for Executive/Professional.

Blue Collar

Nursing/Medical/Care

Hotel & Catering

Retail

IT/Computing

Engineering

Secretarial/Clerical

Accounting/Financial

Construction

Executive/Professional

SKILLS IN SHORT SUPPLY

Key Permanent Staff Skills

Accountancy/Financial: Accountants, Audit, Estimators, Finance, IFA, Insurance, Risk, Tax, and Treasury.

Blue Collar: Forklift Drivers, HGV Drivers, LGV Drivers, Labourers, Manufacturing Workers, Non-skilled Workers, Warehouse Staff.

Construction: Construction Sales, Construction Workers, Qualified Real Estate/Construction Staff, Quantity Surveyors.

Engineering: Aerospace, CNC, Design, Electrical, Engineers, Managers, Manufacturing, Mechanical, Technicians.

Executive/ Professional: Business Analysts, Compliance, HR, Lawyers, Legal, Litigation, Marketing, Media, Project Managers, Science.

Hotel/Catering: Catering, Chefs, Hospitality.

IT/Computing: Automation Testers, C#, CAD, Cisco, Cloud Technologies, Cyber Security, Data, DevOps, Digital, Gaming, IT, IT Architects, IT Security, Java, .Net, Network Engineers, PHP, Python, Ruby, ScrumMasters, Software Engineers, Testers, UI/UX Designers.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Burses, RGN’s, Support Workers, Ultrasound Staff.

Secretarial/Clerical: Accounts Clerks, Administration, and Office Staff.

Other: B2B Sales, Buyers, Call Centre, Customer Services, Education, Environment, Fund Raising, FMCG, Graduates, Health & Safety, Languages, Logistics, Sales, Telesales, Travel Consultants

Key Temp Skills

Accountancy/Financial: Accountants, Audit, Finance, Payroll, Risk, and Treasury.

Blue Collar: Blue Collar, Cleaners, CNC, Drivers, Forklift Drivers, Harvest, HGV Drivers, LGV Driver, Painters/Decorators, Picking and Packing, Production, Site Managers, Unskilled Workers, Warehouse Workers.

Construction: Architects.

Engineering: Electrical, Mechanical Design, Wind Turbine Technicians.

Executive/ Professional: Business Analysts, Compliance, Legal, Litigation, Marketing, Project Managers, and Science.

Hotels/ Catering: Baristas, Catering, Chefs, Hospitality.

IT/Computing: CAD, Cyber Security, Data, DevOps, Digital, Gaming, IT Security, Java, Revit, Software Developers, Technology, UI/UX consultants.

Nursing/Medical/Care: Audiologists, Care Workers, Healthcare Assistants, Home Carers, NHS Admin Staff, Optometrists, Social Workers, Sonographers, Support Workers.

Secretarial/Clerical: Accounts Clerks, Office Staff, PA’s, Receptionists, Secretaries.

Other: Animal Health & Nutrition Staff, Buyers, Customer Service, Languages, Logistics, Sales, Telesales, Travel Consultants

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