The REC has released its latest report on jobs for July, which shows further increase of the hiring of temporary and permanent staff.
There was a moderate rise in permanent jobs and temporary billings, staff demand grew at a slower rate than any time in the last eight months and pay growth has quickened from June. Those in engineering and IT were most sought after, whereas other sectors, such as healthcare, stagnated somewhat. Salary rates improved but remained lower than the average when the REC began their monthly surveys in 1997.
The figures show that the “jobs market is continuing to perform well despite general weakness in the UK economy,” says REC CEO Kevin Green. Two years of continuous growth have led employers to keep hiring. Whilst employment is increasing, businesses are still cautious when taking on new staff due to the uncertain economy caused by the current and impending cuts.
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