Permanent placements have fallen for the fourth consecutive month, while temp billings rose at the quickest rate since last September, finds a new report.
The latest REC and KPMG UK Report on Jobs revealed that rates of pay also quickened to a four-month high.
Nursing/Medical/Care topped the rankings of temporary staff demand in January and Accounting/Financial and Secretarial/Clerical completed the top three in the ten job categories monitored.
Neil Carberry, Chief Executive of the REC, commented, “January’s recruitment activity suggests that speculation about a shallower economic downturn may be justified. While permanent placements dropped for the fourth straight month, the pace of contraction slowed and temporary billings growth accelerated again.
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Email Jaime“The temp market had its fastest month of growth since last September. Taking into account the high level of activity last summer and autumn, when the permanent slowdown started, activity levels for both permanent and temporary roles are still high – something which is reflected both in this survey and in feedback from REC members.
“Underpinning a sense of optimism, vacancies continued to expand for both temporary and permanent roles in January. While this will reflect activity that may have been delayed from the autumn, it is another sign of firms feeling confident to hire, even if they are leaning more to temporary hiring than normal in this uncertain environment.
“That is the power of our temporary work market – it gives us a way to ensure firms can grow and people can build their careers even when the picture is uncertain.”
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