The latest Report on Johs 2021 from KPMG and the Recruitiment and Employment Confederation (REC) makes for interesting reading. The total demand for workers improved for the first time since September, albeit only slightly.
The upturn was predominantly driven by an increase in temporary vacancies, the sharpest for 18 months; demand for permanent staff expanded marginally.Tentative improvement in starting pay rates for both permanent and temporary workers in December. Starting salaries and temp wages both increased for the first time since March.
That said, permanent pay rose only fractionally and the upturn in temp wages was mild overall.Candidate availability expanded at slower, but still rapid, rate due to pandemic related redundancies and fears over current job security there was a marked increase in the availability of both permanent and short-term staff in December. The overall rate of expansion was the softest recorded since April.
On a very local basis, at the end of last year there was an increase in the number of businesses in the Solihull and surrounding areas hiring temporary (the biggest rise since October 2018) and recruiting for permanent roles. This clearly shows how important the flexible jobs market is and emphasises the resilience of our economy.
Whilst the numbers of people available for new opportunities has increased, either because of redundancy or in some cases individuals reassessing their future, there is also strong evidence that up to 73% of employers continue to experience difficulties in finding people with either the right professional background or technical skills.
We hope you find interest in the Report and of course if you would prefer not to receive copies – do please let us know.In the meantime, with the UK leading the way on the vaccine roll out, there is hopefully light at the end of the tunnel.
You can be confident that the team at Plum remain totally committed to supporting both local employers and jobseekers in these challenging times.
Report on Jobs is a monthly publication produced by IHS Markit on behalf of the Recruitment & Employment Confederation (REC) and KPMG provides a comprehensive monthly picture of permanent and temporary recruitment, vacancies and earnings in all regions and sectors of the UK labour market. Plum Personnel is privileged to be chosen as one of a select number of recruitment consultancies to contribute to the monthly survey and is able to pass the Reports to our clients which is valued at £750 per annum.
Posted on Thursday Jan 14