UK Jobs Market Shows Signs of Improvement

According to latest reports released by KPMG and the REC, the UK jobs market is expanding at its fastest rate in the last two years.

The report from the Recruitment and Employment Confederation (REC) and KPMG suggest a vast improvement in the UK jobs market, with better-than expected unemployment figures for the month of December. The latest report highlights that demand for labour has reach a two year peak since the credit crunch in 2007.

The REC survey which was completed by over 14,000 recruitment consultants and agencies shows positive growth trends in the amount of permanent staff placements being filled. There was also a huge increase in the number of temporary placements, the sharpest rise in the last 30 months. The overall new staff appointments index rose from 61.7 to 62.8 in December alone (anything over 50 is an increase). It was also noted in the survey that there was a rise in salaries for new permanent staff.

The IT and computing industry has seen the biggest rise in permanent job vacancies, whilst administration, clerical and secretarial workers were most in demand in the temporary jobs market. It’s not all great news though; the hotel and catering sector faced a decline in job vacancies in December.

Job Centre Vacancies says: Great news for jobseekers especially in the IT sector! The rise in permanent staff vacancies is encouraging for those of you who want to make the move from temporary to full-time. Job hunters should be wary that the jobs market in previous years has always been supported with public sector expansion. However it's been cited that post-election there will be huge public sector job cuts in a bid to ease national debt, this will dramatically increase the number of unemployed.

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