October 2017 Newsletter

KEY POINTS FROM SURVEY

Nationally

Growth of staff appointments held back by uncertain outlook and skill shortages

Availability of permanent and temporary workers continues to fall sharply

Starting salaries increase at second-quickest rate since November 2015

For The North

Temp billings expand sharply in October and at fastest rate in 17 months

Growth of permanent placements picks up, but remains subdued by historical standards

Availability of candidates continues to deteriorate

STAFF APPOINTMENTS INCREASE AT SOFTEST PACE FOR SIX MONTHS

Commenting on the latest survey results, Kevin Green, REC Chief Executive, says:

“Last month, recruiters helped even more people find permanent jobs – this is great news as it shows that employers are continuing to hire. However, the data also shows that growth is slowing down and one of the reasons is that we simply do not have enough people for all the roles that are out there at the moment. The number of vacancies is still getting higher.

For jobseekers this is good news, as employers are willing to pay higher starting wages to attract the right candidate.

We already know that EU workers are leaving because of the uncertainties they are facing right now. We therefore need clarity around what future immigration systems will look like. Otherwise, the situation will get worse and employers will face even more staff shortages.”

DEMAND FOR STAFF BY SECTOR

Permanent Staff

The October survey data signalled a further rise in permanent placements. The pace of expansion remained sharp, despite easing for the fourth successive month to its weakest since April. According to panellists, growing staff vacancies and strong underlying demand for permanent workers underpinned the latest increase. At the same time, some respondents noted that a shortage of suitable candidates and concerns over the UK economic outlook had dampened the overall pace of expansion.

Scotland registers the quickest upturn in permanent placements in October, followed by the Midlands. London meanwhile saw a solid increase after a marginal drop in September.

Accounting/Financial remained at the top of the rankings for permanent staff demand. IT & Computing and Engineering scored second and third place respectively. The least marked increase in permanent vacancies was seen for construction workers.

Accounting/Financial
IT/Computing
Engineering
Executive/Professional
Nursing/Medical/Care
Hotel/Catering
Secretarial/Clerical
Blue Collar
Construction

Temporary Staff

Billings received from the employment of temporary/contract workers increased in October, as has been the case in each month since May 2013. Despite easing for the second month in a row, the rate of growth remained sharp overall and broadly in line with the average seen over the current period of expansion. A number of monitored recruitment agencies commented on strong demand for temporary workers at the start of the fourth quarter.

Temp billings rose sharply across all monitored UK regions, led by the North of England. The softest, albeit still marked, increase was seen in the Midlands.
Broad-based growth of demand for temporary staff was reported in October. The strongest increase was signalled for Nursing/Medical/Care workers, followed by Blue Collar and Accounting/Financial.

Nursing/Medical/Care
Blue Collar
Accounting/Financial
Hotel & Catering
IT/Computing
Secretarial/Clerical
Executive/Professional
Engineering
Construction

SKILLS IN SHORT SUPPLY

Key Permanent Staff Skills

Accountancy/Financial: Accountants, Asset Management, Finance, MIFID, Para-planners, Risk, And Treasury.

Blue Collar: Drivers, Forklift Drivers, HGV Drivers, Production Workers, Semi-skilled Workers, Warehouse Workers, Welders.

Construction: Architects, Construction, Quantity Surveyors.

Engineering: CNC Engineers/Machinists, Engineers, Nuclear Engineers, Manufacturing Engineers, Project Engineers, Rail Engineers, Safety Engineers, Scientists, Technical.

Executive/ Professional: Advertising, Compliance, Copywriters, HR, Legal, Litigation Executives, Marketing, RTA Fee Earners.

Hotel/Catering: Catering, Chefs, Hospitality.

IT/Computing: Application Support, Automation Testers, CAD, Cyber Security, Cisco, DevOps, Digital, GDPR, IT, Java Developers, Matlab, Oracle Fusion, Pen Testers, PHP, Python, Scala Developers, ScrumMasters, Software Developers, UX.

Nursing/Medical/Care: Care Managers, Care Workers, Healthcare Assistants, Home Carers, Nurses, Physicians, Support Workers.

Secretarial/Clerical: Administration, Personal Assistants.

Other: Call Centre, Customer Services, Health & Safety, Languages, Logistics, Sales, Technical Sales, Telesales.

Key Temp Skills

Accountancy/Financial: Audit, Accounts, Credit Control, Finance, Payroll, Risk and Treasury.

Blue Collar: Carpenters, HGV Drivers, Forklift Drivers, Drivers, Electricians, LGV Drivers, Skilled/Unskilled Workers, Warehouse Workers, Welders.

Construction: Quantity Surveyors.

Engineering: Automotive Engineers, CNC Machinists, Electrical Engineers, Nuclear Engineers, Oil & Gas, Project Engineers, Rail Engineers, Scientists.
Executive/Professional: Advertising, Compliance, Marketing.

Hotels/Catering: Catering, Hospitality.

IT/Computing: Automation Testers, Application Testers, Cyber Security, Digital, Gaming, GDPR, IT, Pen Testers, Scala Developers, UI Developers.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Nurses, Support Workers.
Secretarial/Clerical: Account Clerks, Receptionists.

Other: Agriculture, B2B Sales, Customer Services, Languages, Logistics, Retail, Sales, Telesales

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