December report on Permanent and temporary jobs - Permanent placements rise at faster rate again! Average starting salaries awarded to people placed in permanent jobs continued to rise with the availability of staff to fill permanent job roles continued to fall in December.
Steven Jagger UK Jobs report October. Candidate ShortageSteven Jagger
Candidate availability continues to fall sharply. The rate of decline in permanent staff availability was marked, despite easing slightly to the slowest since May, while temp availability decreased at the fastest pace in three months.
"Record rise in starting salaries as permanent (and contract) candidate availability plummets....unlikely to be resolved until employers recognise that, for staff, remuneration is about much more than take home pay.”
For new ideas on attracting candidates please email sjagger@rethink-recruitment.com and I'll be happy to help.
Steven Jagger kpmg report on jobs in MaySteven Jagger
Availability of permanent candidates falls at sharpest rate since November 1997. Key points from the May survey:
Permanent placements and temporary billings continue to rise strongly, despite sharply falling candidate availability
Further strong rise in permanent salaries, while temp pay growth accelerates
Steven Jagger UK Jobs report October. Candidate ShortageSteven Jagger
Candidate availability continues to fall sharply. The rate of decline in permanent staff availability was marked, despite easing slightly to the slowest since May, while temp availability decreased at the fastest pace in three months.
"Record rise in starting salaries as permanent (and contract) candidate availability plummets....unlikely to be resolved until employers recognise that, for staff, remuneration is about much more than take home pay.”
For new ideas on attracting candidates please email sjagger@rethink-recruitment.com and I'll be happy to help.
Steven Jagger kpmg report on jobs in MaySteven Jagger
Availability of permanent candidates falls at sharpest rate since November 1997. Key points from the May survey:
Permanent placements and temporary billings continue to rise strongly, despite sharply falling candidate availability
Further strong rise in permanent salaries, while temp pay growth accelerates
The national labor market continues to add jobs and maintain the momentum gained over the past few quarters, with 295,000 jobs added in February alone. Year-to-date, the economy has already seen 534,000 new jobs and is poised to sustain this level of growth over the next 12 to 18 months as other macroeconomic indicators—from consumer spending to bond issuance to business investment—continue their upward trajectory.
Unemployment dropped by 20 basis points to 5.5 percent, also enabling the 30-basis-point drop in total unemployment—which includes those not actively seeking work—to 11.0 percent, down from 11.3.
Presentations on earnings statistics, showcasing idea-sharing sessions from across ONS, government departments, think tanks and academia presenting analyses based on ONS’s main sources (Annual Survey of Hours and Earnings, Labour Force Survey).
February 2015 U.S. employment update and outlookJLL
Factoring in sharp upward revisions in November and December, the labor market has registered 267,750 new jobs each month over the past year, well above average this cycle.
Unemployment is up slightly to 5.7 percent, but that’s because more people are looking for jobs. Labor force participation is now up to 62.9 percent—a promising sign of confidence, though participation is still near record lows.
Other external indicators like consumer confidence, hires, quits and spending all mirror the improvements seen in the labor market of late. We expect them to continue throughout 2015 and into 2016.
See more economic, office and real estate research at http://bit.ly/1CCcWBs
This presentation will discuss Canada Labour Market Trends for July 2016. The presentation will look at wages, job openings, job creation, job losses and key government policies,
Caution: The presentation also provides details by month. It is important to look at the overall trends and not just one month.
Summary
Employment by Sector
Job Creation Target for 2016
BM Analysis/Comments Employment
BMO/Urbanized areas employment
Key Quotes/Bloomberg
Labour Rates
Minneapolis–St. Employment Update | December 2015Carolyn Bates
The local unemployment rate of 2.9% has hit its lowest point since 2001. Coupled with year-over-year labor force growth of 34.2 thousand jobs, Minneapolis-St. Paul currently has one of the strongest economies of any major metro in the United States.
As is typically the case, MSP’s office-using sectors dominated hiring by taking 48.0 percent of the 12-month total employment growth, while the industrial sectors experienced a loss of 1.8 percent.
At the national level, monthly growth of 211,000 jobs over the course of November represented the second consecutive month of rebound after a slowdown in mid-2015. At the current rate of growth, a mid-to-late-2016 timeframe seems likely for the first stage of tightening.
The 313,000 net new jobs created in February represented the highest monthly level of job creation since mid-2016.
Growth was found throughout the labor market, with goods-producing sectors such as construction, retail and manufacturing in particular holding firm and, in the case of retail trade, rebounding after months of losses.
Gains were also possible as a result of a sharp increase in labor-force expansion, which boosted labor force participation and kept unemployment at 4.1 percent rather than declining further.
Employment increased by 23,000 jobs so the expanding labor force only increased the overall unemployment rate by 30 basis points to 6.3 percent. This is the second consecutive month when unemployment increased.
From a course by Christine Greenhalgh, Oxford University. Released as open courseware as part of the TRUE project. For more labour economics materials, go to http://www.economicsnetwork.ac.uk/labour
Minneapolis–St. Paul Employment Update | August 2016Carolyn Bates
According to the most recent BLS estimates, Minneapolis-St. Paul’s unemployment has ticked up from last month’s 3.1%, yet still sits comfortably below the 4 percent mark. Having the second-lowest unemployment rate in the nation among all large metros offers its own challenges as employers prepare for a potentially looming talent shortage.
Once again, MSP achieved record-breaking employment totals for professional and business services, a fundamental component to the metro’s economic growth. Approximately 6,000 jobs have been added in the industry year-over-year.
The U.S. economy saw the addition of 255,000 net new jobs in July, the second consecutive month of healthy additions after a volatile first quarter and next to no growth in May.
Nationally, average weekly wages continue to rise at an annual clip of 2.6 percent, more than double inflation at 1.0 percent. This will boost disposable income and, in turn, personal consumption that drives GDP.
The national labor market continues to add jobs and maintain the momentum gained over the past few quarters, with 295,000 jobs added in February alone. Year-to-date, the economy has already seen 534,000 new jobs and is poised to sustain this level of growth over the next 12 to 18 months as other macroeconomic indicators—from consumer spending to bond issuance to business investment—continue their upward trajectory.
Unemployment dropped by 20 basis points to 5.5 percent, also enabling the 30-basis-point drop in total unemployment—which includes those not actively seeking work—to 11.0 percent, down from 11.3.
Presentations on earnings statistics, showcasing idea-sharing sessions from across ONS, government departments, think tanks and academia presenting analyses based on ONS’s main sources (Annual Survey of Hours and Earnings, Labour Force Survey).
February 2015 U.S. employment update and outlookJLL
Factoring in sharp upward revisions in November and December, the labor market has registered 267,750 new jobs each month over the past year, well above average this cycle.
Unemployment is up slightly to 5.7 percent, but that’s because more people are looking for jobs. Labor force participation is now up to 62.9 percent—a promising sign of confidence, though participation is still near record lows.
Other external indicators like consumer confidence, hires, quits and spending all mirror the improvements seen in the labor market of late. We expect them to continue throughout 2015 and into 2016.
See more economic, office and real estate research at http://bit.ly/1CCcWBs
This presentation will discuss Canada Labour Market Trends for July 2016. The presentation will look at wages, job openings, job creation, job losses and key government policies,
Caution: The presentation also provides details by month. It is important to look at the overall trends and not just one month.
Summary
Employment by Sector
Job Creation Target for 2016
BM Analysis/Comments Employment
BMO/Urbanized areas employment
Key Quotes/Bloomberg
Labour Rates
Minneapolis–St. Employment Update | December 2015Carolyn Bates
The local unemployment rate of 2.9% has hit its lowest point since 2001. Coupled with year-over-year labor force growth of 34.2 thousand jobs, Minneapolis-St. Paul currently has one of the strongest economies of any major metro in the United States.
As is typically the case, MSP’s office-using sectors dominated hiring by taking 48.0 percent of the 12-month total employment growth, while the industrial sectors experienced a loss of 1.8 percent.
At the national level, monthly growth of 211,000 jobs over the course of November represented the second consecutive month of rebound after a slowdown in mid-2015. At the current rate of growth, a mid-to-late-2016 timeframe seems likely for the first stage of tightening.
The 313,000 net new jobs created in February represented the highest monthly level of job creation since mid-2016.
Growth was found throughout the labor market, with goods-producing sectors such as construction, retail and manufacturing in particular holding firm and, in the case of retail trade, rebounding after months of losses.
Gains were also possible as a result of a sharp increase in labor-force expansion, which boosted labor force participation and kept unemployment at 4.1 percent rather than declining further.
Employment increased by 23,000 jobs so the expanding labor force only increased the overall unemployment rate by 30 basis points to 6.3 percent. This is the second consecutive month when unemployment increased.
From a course by Christine Greenhalgh, Oxford University. Released as open courseware as part of the TRUE project. For more labour economics materials, go to http://www.economicsnetwork.ac.uk/labour
Minneapolis–St. Paul Employment Update | August 2016Carolyn Bates
According to the most recent BLS estimates, Minneapolis-St. Paul’s unemployment has ticked up from last month’s 3.1%, yet still sits comfortably below the 4 percent mark. Having the second-lowest unemployment rate in the nation among all large metros offers its own challenges as employers prepare for a potentially looming talent shortage.
Once again, MSP achieved record-breaking employment totals for professional and business services, a fundamental component to the metro’s economic growth. Approximately 6,000 jobs have been added in the industry year-over-year.
The U.S. economy saw the addition of 255,000 net new jobs in July, the second consecutive month of healthy additions after a volatile first quarter and next to no growth in May.
Nationally, average weekly wages continue to rise at an annual clip of 2.6 percent, more than double inflation at 1.0 percent. This will boost disposable income and, in turn, personal consumption that drives GDP.
Lou Adler explains how to measure quality of hire, how to quantify it from an ROI standpoint, and how to maximize it.
Learn more about LinkedIn Talent Solutions: http://linkd.in/1bgERGj
Subscribe to the LinkedIn Talent Blog: http://linkd.in/18yp4Cg
Follow the LinkedIn Talent Solutions page: http://linkd.in/1cNvIFT
Tweet with us: http://bit.ly/HireOnLinkedIn
Les tendances du Recrutement en France en 2016Pierre Bernard
Ce rapport annuel révèle les tendances du recrutement en France. Il vous donnera un aperçu des axes forts à retenir pour construire votre stratégie 2016 et positionner votre entreprise comme un employeur de choix.
L’étude aborde notamment l’importance de structurer l’approche et l’expérience candidat, de bien connaître ses cibles et de communiquer efficacement sur les bons canaux en fonction des profils recherchés.
Hiring for success — what makes the difference? Why are so many organisations...Steven Jagger
Hiring for success — what makes the difference? Why are so many organisations failing?
Please find Hudsons superior sourcing strategies? For further information or advise please contact steven.jagger@hudson.com
Framework for improving and measuring quality of hireRob McIntosh
So many recruiting leaders want to move away from metrics like cost of hire and time to hire, and onto more useful measurements — with quality of hire topping many recruitment leaders’ lists.
Rob McIntosh, SVP of global talent acquisition for the 60-office, 20-country technology consulting firm Avanade, will walk you through, in detail, the problem Avanade wanted to solve by increasing the quality of hires; the journey and thinking required to build a new quality of hire global framework; and ultimately, how to measure and derive actionable outcomes on improving the overall quality of hires.
Née il y a 60 ans, la marque Nescafé, pionnière du café instantané, s’installe durablement sur le marché grâce à un goût de qualité, un produit innovant technologiquement puisque le café est déjà moulu et prêt à l’emploi, et à une communication au plus proche du consommateur.
Aujourd’hui, Nescafé joue toujours avec cette proximité, via une campagne virale originale de brand content « It all starts with a Nescafé ». Dans un monde où les rapports sont de plus en plus virtuels, Nescafé challenge Arnaud à renouer des liens réels avec ses amis Facebook en prouvant que rien ne vaut une tasse de café pour partager une belle histoire.
Grâce à la signature « It all starts with a Nescafé », la marque réaffirme son positionnement fondé sur les rencontres, le collectif, le partage mais surtout l’authenticité et met donc à nouveau en avant ces valeurs historiques.
The definition of “Quality of Hire” varies from company to company and role to role.
But as Talent Acquisition leaders, we are routinely called upon to define and measure this metric for our organizations. Research from Cielo and other industry experts shows that business stakeholders value the consistent delivery of quality candidates over every other Talent Acquisition deliverable.
We know you are doing everything in your power to meet their high expectations. That is why we dove deeply into this topic to find new angles on (and clear explanations of) Quality of Hire – to give you the knowledge you need to reassure stakeholders and enhance your results.
Permanent salaries rise at fastest rate since July 2007Steven Jagger
Permanent salaries rise at fastest rate since July 2007, Steeper decline in candidate availability, Permanent and temporary appointments rise at slower rates, Further marked increase in vacancies
U.S. employment update and outlook: January 2015 JLL
December recorded yet another strong month of employment growth. 252,000 net new jobs were added to the national economy, and unemployment dropped by an additional 20 basis points to 5.6 percent.
As a result, roughly 3.0 million jobs have been created over the course of 2014, and we expect this momentum to increase as we start off 2015.
See more economic, office and real estate research at http://bit.ly/1x52B8B
US employment rate data and trends – January 2017JLL
January saw a resurgence in employment growth, adding 227,000 net new jobs with gains witnessed across numerous sectors. A 20-basis-point increase in the labor force participation rate boosted pushed unemployment up slightly to 4.8 percent, although it remains near cyclical lows.
ADJUSTING TO THE CHANGING MARKET
Good News!
Employment numbers revised upward for July and August in the Bureau of Labor Statistic reports and a robust report for September clearly indicate
DCR TrendLine July 2014 - Non Employee Workforce Insightss
DCR TrendLine shares analyses of trends and happenings in the staffing industry. The July edition covers a range of topics, including the latest employment figures from the Bureau of Labor Statistics and the growing utilization of temporary workers across multiple industries. This month’s edition focuses on the Information Technology (IT) industry, highlight trends in the sector and sharing insight into employment and wages. We examine the skill gap in the industry and discuss how companies are attempting to bridge it. We also highlight how predictive analytics are being applied in human resource management and which talent acquisition metrics companies should be tracking. Our feature article this month is particularly applicable to companies with contingent workforce programs. We look at the challenges companies often face, and offer tips on keeping CW programs running smoothly.
DCR TrendLine shares analyses of trends and happenings in the non-employee workforce industry. The April edition looks at the growing talent management software market and employment in the technology sector. We continue our global series on the ASEAN region by looking at talent trends in the Philippines, and also examine which countries around the world are the most worker-friendly. We explain the debate on if the U.S. economy is at full employment, and throw light on the current situation of the economy. Our feature article discusses the usage of talent analytics and delves into some common myths about big data and metrics. Finally, we reveal which industry in the country has the happiest workers.
DCR National Temp Wage Index
Full Employment: Jobs vs. Inflation
Best Practices in Recruiting for 2015
Changes in the Talent Management Software Market
Industry Highlight: Technology Index
The Philippines – Poised For Growth Through BPO
The World’s Most Worker-Friendly Countries
Measure What Matters
The Happiest Industries
April’s 211,000 net new jobs were a return to the more robust growth rates seen over the past two years, although March figures were revised down once again to 79,000 jobs. Unemployment fell by 10 basis points to another cyclical low of 4.4 percent in April.
The unemployment rate dropped yet again in June, to 6.1 percent. However, total unemployment, which dropped only 10 basis points in June to 12.1 percent, is still double that official rate.
Total non-farm employment increased by 288,000 jobs, making June the fifth consecutive month of growth over 200,000 net new jobs. And, this growth was diverse, with the top three industry markets contributing only one-half of new jobs, and all but two subsectors showing net growth.
See more employment data, including demographic, geographic and industry breakdowns, in this report featuring research from the Bureau of Labor Statistics and JLL.
Additional office market research at: http://bit.ly/1znn4KF
February 2016 U.S. employment update and outlook JLL
The labor market recorded a soft opening to 2016, adding only 151,000 new jobs, although unemployment fell below 5.0 percent for the first time since 2008.
Following 12 consecutive months of employment growth surpassing 200,000 jobs per month, the U.S. labor market slowed down in March, adding just 126,000 net new jobs. In turn, unemployment stayed stable at 5.5 percent, while total unemployment dropped by an additional 10 basis points to 10.9 percent.
Because external indicators, jobless claims and other labor market measures continue to trend in a positive direction, we believe March may have been an aberrant month, and expect further growth ahead.
U.S. employment update and outlook: December 2014JLL
November gain of 321,000 jobs confirms the strength of the recovery
The U.S. economy saw the growth of an additional 321,000 net new jobs in November. With revisions of earlier months' data, makes November the ninth consecutive month with gains surpassing 200,000 jobs.
Unemployment remained steady from the previous month at 5.8 percent. Total unemployment—which includes detached workers—dropped by 10 basis points to a recovery low of 11.4 percent, as the number of marginally detached workers slowly declines.
See more economic, office and real estate research at http://bit.ly/1s2tk4M
U.S. employment update and outlook: October 2014JLL
Unemployment dips to 5.9 percent in September—its first time below 6.0 percent during the recovery.
The U.S. economy got back on track in September, bouncing back from a sluggish August with 248,000 net new jobs. Growth occurred across sectors and geographies, with office-using industries in particular benefiting from improved corporate confidence leading to permanent hiring.
Total unemployment, which includes discouraged and marginally detached workers, also declined slightly to 11.8 percent, bringing it below the 10-year average.
With numerous other employment metrics all pointing up—including job openings, voluntary quits and CEO confidence—sentiment will only become more optimistic over the coming months.
See more real estate and economic research at: http://bit.ly/1vIGt6m
DCR TrendLine September 2014 - Non Employee Workforce Insightss
DCR TrendLine shares analyses of trends and happenings in the staffing industry. The September edition covers a range of topics, including the latest employment numbers from the Bureau of Labor Statistics and worker satisfaction with their wages. This month’s edition focuses on some topics gaining a lot of attention lately such as workplace flexibility, the upcoming global labor shortage, and the top metro cities with job opportunities for contingent workers. Be sure to keep an eye out for our quarterly feature – “What’s Trending in the Temp Market” – to see the hottest trends for Q3. September is back-to-school month in many U.S. cities, and to commemorate the start of the new school year, our monthly industry highlight is on education services. We also follow-up on last month’s article about Generation Z by providing tips for employers to engage and manage these workers. Our feature article this month looks at one of the biggest buzzwords for companies – global. We discuss how HR can be organized and designed to better meet the global objectives of companies, while still taking local actions.
Visit the DCR TrendLine portal at http://trendline.dcrworkforce.com to easily access all of our current and previous analyses, and view comprehensive charts of real-time trends.
U.S. employment update and outlook: November 2014JLL
October records another month of 200,000+ job gains
The U.S. economy saw the addition of 214,000 net new jobs in October. With revisions of earlier months’ data, this makes October the eighth consecutive month with gains surpassing 200,000 jobs.
This steady expansion has helped to push down unemployment, which fell by 10 basis points to 5.8 percent. Total unemployment—which includes detached workers—dropped by 30 basis points to a recovery low of 11.5 percent, also below the long-term average.
See more economic, office and real estate research at http://bit.ly/1wCNyXQ
November 2015 U.S. employment update and outlookJLL
October saw the labor market return to form after a two-month slowdown, adding 271,000 net new jobs across industries, in turn bringing down unemployment to 5 percent, the lowest rate seen during the recovery so far.
Notable over the past few months has been a rise in wages in an otherwise low-inflation environment, which will boost the personal expenditures component of GDP in the coming quarters.
This comprehensive program covers essential aspects of performance marketing, growth strategies, and tactics, such as search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing, social media marketing, and more
New Explore Careers and College Majors 2024.pdfDr. Mary Askew
Explore Careers and College Majors is a new online, interactive, self-guided career, major and college planning system.
The career system works on all devices!
For more Information, go to https://bit.ly/3SW5w8W
December report on Permanent and temporary jobs - Permanent placements rise at faster rate again!
1. UK Labour Market 9th
January 2015
The most up-to-date source of monthly UK labour market data and analysis
Report on Jobs
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
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Staff Appointments via Recruitment Consultancies
Permanent and temporary appointments
rise at faster rates in December
Commenting on the latest survey results, Bernard Brown, Partner and Head of
Business Services at KPMG, said:
“A strong year for the UK jobs market finished with a flourish as temporary roles
saw an upswing in popularity. More than 1 in 3 recruiters suggest that employees
looking for short-term roles are being increasingly spoilt for choice as organisations
search for help in an effort to fulfil customer orders.
“Good news for candidates also extends into the pay packet. Once again, a
shortage of skills in key areas has led to a rise in the starting salaries on offer. It
could mean that 2015 becomes the year in which the candidate finally becomes
king.”
Markit
Henley on Thames
Oxon RG9 1HG, UK
Tel: +44 1491 461000
Fax: +44 1491 461001
email: economics@markit.com
Copies of the report are available
on annual subscription from
Markit. For subscription details
please contact:
economics@markit.com
The Report on Jobs is a monthly
publication produced by Markit and
sponsored by the Recruitment and
Employment Confederation and KPMG
LLP.
The report features original survey
data which provide the most up-to-
date monthly picture of recruitment,
employment, staff availability and
employee earnings trends available.
1 Executive summary
2 Appointments
3 Vacancies
4 Sectoral demand
5 Staff availability
6 Pay pressures
7 Special feature
Key points from the December survey:
Stronger growth of permanent placements
Temp billings increase at sharpest rate in three months
Strong pay growth underpinned by tight candidate availability
2. Report on Jobs | Recruitment Industry Survey
The Report on Jobs is unique in providing the most
comprehensive guide to the UK labour market,
drawing on original survey data provided by
recruitment consultancies and employers to provide
the first indication each month of labour market
trends.
The main findings for December are:
Permanent placements rise at
faster rate...
Recruitment consultants signalled a further increase in
permanent staff appointments during December. The rate of
expansion was strong, having picked up from November’s
18-month low. However, the number of job vacancies available
to people seeking permanent roles rose at the slowest pace
since July 2013.
...while temp billings growth also
accelerates
Short-term staff appointments increased at a sharper rate in
December. The latest rise in temp billings was the strongest in
three months.
Pay growth remains marked
Average starting salaries awarded to people placed in
permanent jobs continued to rise, with the rate of growth little-
changed from the strong pace recorded in November. Temp
pay meanwhile increased at the sharpest rate in three months.
Candidate availability remains tight
The availability of staff to fill permanent job roles continued
to fall in December. Although easing to the slowest in eight
months, the rate of deterioration remained marked. Temp
availability decreased sharply, with the latest reduction faster
than that recorded in November.
1 Executive summary
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Staff Availability and Earnings Growth
Skill shortages
Average permanent salaries (LHS)
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inverted - RHS)
(Availability of staff
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Demand for staff
All Intellectual Property Rights owned by Markit Economics Limited
3. Report on Jobs | Recruitment Industry Survey
Recruitment consultancies report on the number of
people placed in permanent jobs each month, and
their revenues (billings) received from placing people
in temporary or contract positions at employers.
Latest recruitment survey data highlighted faster growth of staff
appointments during the final month of 2014.
Growth of permanent placements
accelerates
The number of people placed in permanent jobs by
recruitment consultancies continued to rise in December.
After accounting for the usual seasonal factors, the latest
index reading signalled that the rate of expansion quickened
from November’s 18-month low and was marked overall.
Panel members commented that general demand conditions
remained strong, although there were difficulties in finding
suitable candidates for certain skill-sets.
The fastest growth of permanent staff appointments was
indicated in the South of England, while the slowest rise was
signalled in the North.
Temp billings rise at fastest rate in
three months
Agencies’ billings from the employment of temporary/contract
staff increased further in December. The pace of growth was
strong, having quickened to a three-month high. Around 35%
of panellists signalled higher temp billings, more than twice the
proportion that noted a decline. Rising client workloads were
reported as the main factor supporting growth of short-term
staff appointments.
In contrast to the trend seen for permanent placements, the
strongest growth of temp billings was signalled by Northern-
based agencies, while the South posted the slowest expansion.
An index reading above 50 signals a higher number of
placements/billings than the previous month. Readings below
50 signal a decline compared with the previous month.
2 Staff appointments
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
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75
Temp/Contract Billings
Permanent Placements
Increasing rate of decline
Increasing rate of growth
50 = no change on previous month
Staff Appointments via Recruitment Consultancies
2014 Jul 48.4 38.3 13.3 35.1 67.5 64.9
Aug 41.1 33.9 25.0 16.2 58.1 62.4
Sep 45.2 34.3 20.5 24.7 62.4 60.1
Oct 44.4 30.1 25.4 19.0 59.5 59.8
Nov 33.1 38.5 28.4 4.7 52.4 56.9
Dec 31.7 37.2 31.1 0.6 50.3 59.0
Higher Same Lower Net Index S.Adj.
% % % +/- 50 = no chg Index
Permanent Staff Placements
Q. Please compare the number of staff placed in permanent
positions with the number one month ago.
2014 Jul 48.0 37.5 14.5 33.6 66.8 63.0
Aug 40.8 38.2 21.0 19.7 59.9 61.0
Sep 47.1 38.3 14.6 32.5 66.2 62.4
Oct 34.1 44.7 21.2 12.9 56.5 57.5
Nov 38.7 42.3 19.0 19.7 59.8 59.5
Dec 34.5 48.8 16.8 17.7 58.8 60.1
Higher Same Lower Net Index S.Adj.
% % % +/- 50 = no chg Index
Temporary/Contract Staff Billings
Q. Please compare your billings received from the
employment of temporary and contract staff with the
situation one month ago.
4. Report on Jobs | Recruitment Industry Survey
3 Vacancies
All Intellectual Property Rights owned by Markit Economics Limited
Recruitment consultants are asked to specify
whether the demand for staff from employers has
changed on the previous month, thereby providing
an indicator of the number of job vacancies. The
summary indexes shown in this page are derived
from the detailed sector data shown on page 5.
Growth of demand for staff eases
further
The Report on Jobs Vacancy Index fell to a 17-month low in
December. Recording 62.5, down from 64.0 in November,
the Report on Jobs Vacancy Index nevertheless remained
indicative of a strong rate of expansion overall.
Growth of demand eased for permanent staff in the latest
survey period, but accelerated for temporary workers.
Public & private sector vacancies
Private sector demand for staff remained substantially stronger
than that from the public sector in December. Private sector
permanent staff posted the fastest increase overall.
Other vacancy indicators
Latest official data from the Office for National Statistics (ONS)
indicated that vacancies rose 22.1% on an annual basis in the
three months to November.
Meanwhile, internet-based recruitment spending continued
to increase at a strong annual pace. Latest data showed a
8.8% rise in Q2 2014 from the corresponding period one year
earlier.
The Job Vacancies Index monitors the overall demand for
staff at recruitment consultancies. An index reading above
50 signals a higher number of vacancies than the previous
month. Readings below 50 signal a decline compared with the
previous month.
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Vacancy Index
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Job Vacancy Indicators
Aug’14 Sep Oct Nov Dec
Job Vacancy Index (recruitment industry survey)
50 = no change on previous month
Other key vacancy data
Annual % change
Sources: Job centre vacancies provided by ONS via EcoWin.
Internet recruitment spending provided by WARC.com
Total 68.0 67.1 65.7 64.0 62.5
Permanent Staff 68.0 67.1 65.8 64.2 62.5
Temporary Staff 68.5 66.8 64.9 61.8 62.3
Public: perm 54.1 58.0 57.0 54.5 51.9
Public: temp 58.9 57.9 56.6 56.9 54.5
Private: perm 70.8 69.0 68.4 67.1 65.3
Private: temp 72.6 71.2 65.7 65.1 64.3
Job centre vacancies 26.8 24.8 25.0 22.1 n/a
Internet recruitment 8.8 -- -- -- --
Public & private sector vacancies (not seasonally adjusted)
5. Report on Jobs | Recruitment Industry Survey
Recruitment consultancies are requested to compare
the demand for staff according to sector with the
situation one month ago.
Permanent Staff
Accounting/Financial topped the demand for staff ‘league
table’ in December, ahead of IT & Computing and Secretarial/
Clerical. The slowest rise in demand was signalled for
Construction workers.
4 Demand for staff by sector
50 = no change on previous month
Demand for staff
20
30
40
50
60
70
80
90 Secretarial & Clerical
Perm
Tem p
2002 2004 2006 2008 2010 2012 2014
20
30
40
50
60
70
80
90 Accounting & Financial
Tem p
Perm
2002 2004 2006 2008 2010 2012 2014
2002 2004 2006 2008 2010 2012 2014
20
30
40
50
60
70
80
90 Executive & Professional
Perm
Tem p
2002 2004 2006 2008 2010 2012 2014
20
30
40
50
60
70
80
90 IT & Computing
Tem p
Perm
20
30
40
50
60
70
80
90
2002 2004 2006 2008 2010 2012 2014
Tem p
Blue Collar
Perm
2002 2004 2006 2008 2010 2012 2014
20
30
40
50
60
70
80
90 Hotel & Catering
Tem p
Perm
2002 2004 2006 2008 2010 2012 2014
20
30
40
50
60
70
80
90 Nursing/Medical/Care
Perm
Tem p
20
30
40
50
60
70
80
90
2013 2014
Engineering
Tem p
Perm
20
30
40
50
60
70
80
90
2013 2014
Construction
Tem p
Perm
This year (Last year)
Rank Dec'14 Rank Dec'13
This year (Last year)
Rank Dec'14 Rank Dec'13
*Non-seasonally adjusted data. Prior to April 2013
Engineering/Construction was reported as a single category.
Data are presented in the form of diffusion indices whereby
a reading of 50 indicates no change on the previous month.
Readings above 50 signal stronger demand than a month
ago. Readings below 50 signal weaker demand than a month
ago.
Nursing/Medical/Care 1 65.3 (2) (65.0)
Blue Collar 2 65.3 (5) (63.5)
Hotel & Catering 3 63.8 (7) (59.0)
Secretarial/Clerical 4 63.5 (4) (64.1)
IT & Computing 5 62.4 (1) (65.5)
Accounting/Financial 6 60.1 (3) (64.5)
Engineering* 7 58.5 (8) (58.8)
Construction* 8 56.7 (6) (59.8)
Executive/Professional 9 54.3 (9) (57.8)
Accounting/Financial 1 64.2 (4) (68.0)
IT & Computing 2 63.3 (3) (68.7)
Secretarial/Clerical 3 63.1 (5) (64.8)
Executive/Professional 4 62.5 (2) (68.9)
Engineering* 5 61.5 (7) (58.8)
Nursing/Medical/Care 6 61.5 (1) (69.3)
Hotel & Catering 7 61.1 (9) (57.5)
Blue Collar 8 59.0 (6) (61.5)
Construction* 9 55.6 (7) (58.8)
Temporary/contract staff
Higher levels of demand were signalled for all monitored types
of temporary/contract staff in December. The joint-strongest
rates of growth were reported for Nursing/Medical/Care and
Blue Collar workers.
6. Report on Jobs | Recruitment Industry Survey
Recruitment consultants are asked to report whether
availability of permanent and temporary staff has
changed on the previous month. An overall indicator
of staff availability is also calculated.
Availability of permanent staff
Permanent staff availability continued to deteriorate in
December, continuing the trend observed since May 2013.
Although marked, the latest fall was the slowest in eight
months. Around 42% of panellists reported lower permanent
candidate availability, compared with approximately 8% that
signalled a rise.
Lower permanent staff availability was signalled across
each of the monitored English regions, with the sharpest fall
recorded in the Midlands.
Availability of temp/contract staff
The availability of candidates to fill short-term roles worsened
further in December. The rate of decline was strong, having
accelerated since November.
London-based agencies reported the most marked
reduction in temporary/contract staff availability, followed by
those in the South.
5 Staff availability
1998 199920002001 20022003 200420052006 200720082009 201020112012 20132014
Temp Availability Permanent Availability
50 = no change on previous month
20
30
40
50
60
70
80
90Improving availability
Deteriorating availability
20
30
40
50
60
70
80
90
Staff Availability
50 = no change on previous month
Staff Availability Index
Improving availability
Deteriorating availability
2014 Jul 8.0 38.6 53.5 -45.5 27.2 28.5
Aug 7.1 41.1 51.8 -44.8 27.6 29.5
Sep 11.7 43.3 45.0 -33.3 33.3 33.4
Oct 7.9 51.3 40.8 -32.8 33.6 33.7
Nov 8.0 48.4 43.6 -35.6 32.2 33.6
Dec 8.1 50.0 41.9 -33.8 33.1 36.2
Key permanent staff skills reported in short supply:*
Accountancy/Financial: Audit, Financial Planners,
General Finance, Paraplanners, Tax. Blue Collar: HGV
Drivers. Construction: Project Managers, Rail, Traffic, Site
Managers. Engineering: Aerospace, Engineers, Mechanical.
Executive/Professional: Executives, HR, Legal, Project
Leaders. Hotels/Catering: Chefs, Hospitality. IT/Computing:
Business Analysts, Digital Marketing, Java, .Net, SAP,
Security, Software, Web Developers. Nursing/Medical/
Care: Care Workers, Nurses. Other: Account Managers,
Commercial, Electronics, Manufacturing, Marketing, Product
Managers, Property, Sales, Teachers.
Key temp skills reported in short supply:*
Blue Collar: Drivers, Trades, Warehouse. Engineering:
CAD, Engineers, Manufacturing, Mechanical. Hotels/
Catering: Catering. IT/Computing: Business Intelligence,
Java, .Net, Software, SQL. Nursing/Medical/Care: Care
Staff, Medical. Other: Languages.
Availability of permanent staff
Q. Is the availability of candidates for permanent vacancies
better, the same or worse than one month ago?
Better Same Worse Net Index S.Adj.
% % % +/- Index
2014 Jul 13.0 44.2 42.8 -29.8 35.1 36.5
Aug 12.8 46.5 40.7 -27.9 36.0 37.9
Sep 10.7 51.8 37.6 -26.9 36.5 37.4
Oct 8.5 54.1 37.5 -29.0 35.5 36.9
Nov 15.5 53.1 31.4 -15.9 42.0 41.2
Dec 12.4 52.7 34.9 -22.6 38.7 39.8
Availability of temporary/contract staff
Q. Is the availability of candidates for temporary vacancies
better, the same or worse than one month ago?
Better Same Worse Net Index S.Adj.
% % % +/- Index
All Intellectual Property Rights owned by Markit Economics Limited
*consultants are invited to specify any areas in which they have encountered skill
shortages during the latest month
7. Report on Jobs | Recruitment Industry Survey
The recruitment industry survey tracks both the
average salaries awarded to people placed in
permanent jobs each month, as well as average
hourly rates of pay for temp/contract staff.
Permanent salaries
Recruitment consultants reported a further rise in average
starting salaries for people placed in permanent jobs during
December. The rate of growth was little-changed from
November’s marked pace, with panellists commenting on skill
shortages in a number of areas as a factor driving up pay.
The Midlands continued to lead a broad-based increase in
salaries during the latest survey period.
Temp/contract pay rates
Temporary/contract staff hourly pay rates continued to rise
in December. The latest increase was the strongest in three
months, with a number of panel members commenting on an
imbalance of demand and supply.
The fastest growth of short-term staff pay was recorded in
the North, followed by the Midlands.
6 Pay pressures
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
35
40
45
50
55
60
65
70
Temp/Contract Hourly Pay Rates
Permanent Salaries
Increasing rate of decline
Increasing rate of growth
50 = no change on previous month
Pay Pressures
2014 Jun 38.3 58.2 3.5 34.8 67.4 66.2
Jul 35.9 62.6 1.5 34.4 67.2 66.0
Aug 33.2 63.2 3.6 29.5 64.8 65.7
Sep 32.1 64.5 3.4 28.7 64.4 64.0
Oct 28.3 65.9 5.8 22.5 61.3 61.9
Nov 27.8 69.1 3.2 24.6 62.3 62.5
Dec 24.3 73.6 2.1 22.3 61.1 62.3
Higher Same Lower Net Index S.Adj.
% % % +/- Index
Permanent Salaries
Q.Areaverage salaries awarded tostaffplaced in permanent
positions higher, the same or lower than one month ago?
2014 Jun 22.4 74.1 3.5 18.8 59.4 59.7
Jul 18.9 78.2 2.9 16.0 58.0 58.3
Aug 22.8 73.0 4.2 18.7 59.3 59.7
Sep 23.2 74.0 2.8 20.4 60.2 59.9
Oct 24.4 71.6 4.0 20.4 60.2 57.3
Nov 19.4 77.1 3.4 16.0 58.0 57.7
Dec 18.1 78.6 3.3 14.9 57.4 59.2
Higher Same Lower Net Index S.Adj.
% % % +/- Index
Temporary/Contract Pay Rates
Q. Are average hourly pay rates for temporary/contract staff
higher, the same or lower than one month ago?
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
-6
-3
0
3
6
9
Public sector
Private sector
Annual percent change
Yr/yr % chg in average weekly earnings (3mma)
2011 2012 2013 Jul'14 Aug Sep Oct
Whole economy 2.4 1.4 1.2 0.6 0.7 1.0 1.4
Private sector 2.4 1.5 1.4 0.9 1.1 1.2 1.7
Public sector 2.7 1.6 0.7 -0.3 -0.1 0.8 0.6
Services 2.8 1.5 1.1 0.4 0.5 0.8 1.3
Manufacturing 1.6 1.8 2.2 2.0 1.8 1.9 1.8
Construction 0.8 0.9 0.0 1.1 2.0 2.4 2.0
UK average weekly earnings
Data from the Office for National Statistics indicated
that employee earnings (including bonuses) rose 1.4%
on an annual basis in the three months to October,
the fastest growth since the three months to March.
This was driven by a sharper increase in private sector
earnings, as public sector pay growth slowed.
8. Report on Jobs | Recruitment Industry Survey
7 Feature Regional claimant count
KPMG LLP, a UK limited liability partnership, is a
subsidiary of KPMG Europe LLP and operates
from 22 offices across the UK with over 12,000
partners and staff. The UK firm recorded a turnover of £1.8 billion
in the year ended September 2012. KPMG is a global network of
professional firms providing Audit, Tax, and Advisory services. We
operate in 156 countries and have 152,000 professionals working in
member firms around the world. The independent member firms of
the KPMG network are affiliated with KPMG International Cooperative
(“KPMG International”), a Swiss entity. KPMG International provides
no client services.
The REC is the professional body representing
the UK’s £24.6 billion private recruitment and
staffingindustrywithmorethan8,000recruitment
agencies and 6,000 recruitment consultants in membership. There are
over 1 million temporary workers registered with UK agencies who are
deployed in industry, commerce and the public services every day.
is a leading global diversified provider of
financial information services. We provide
productsthatenhancetransparency,reduceriskandimproveoperational
efficiency. Our customers include banks, hedge funds, asset managers,
central banks, regulators, auditors, fund administrators and insurance
companies. Founded in 2003, we employ over 3,000 people in 11
countries. For more information, please see www.markit.com.
Recruitment Industry Survey
The monthly survey features original research data collected via
questionnaire by Markit from a panel of 400 UK recruitment and
employment consultancies. In 2010/11, some 1,049,333 people were
employed in either temporary or contract work through consultancies
and 604,193 people were placed in permanent positions through
consultancies. Monthly survey data were first collected in October
1997 and are collected in the end of each month, with respondents
asked to specify the direction of change in a number of survey variables.
Markit do not revise underlying survey data after first publication, but
seasonal adjustment factors may be revised from time to time as
appropriate which will affect the seasonally adjusted data series.
The intellectual property rights to these data are owned by or licensed to
MarkitEconomicsLimited.Anyunauthoriseduse,includingbutnotlimitedto
copying, distributing, transmitting or otherwise of any data appearing is not
permitted without Markit’s prior consent. The publication or release of any
of these data prior to the general release time is an infringement of Markit
Economics Limited’s intellectual property rights. Markit shall not have any
liability, duty or obligation for or relating to the content or information (“data”)
contained herein, any errors, inaccuracies, omissions or delays in the data,
or for any actions taken in reliance thereon. In no event shall Markit be liable
for any special, incidental, or consequential damages, arising out of the use
of the data. Purchasing Managers’ Index®
and PMI®
are either registered
trade marks of Markit Economics Limited or licensed to Markit Economics
Limited. Markit is a registered trade mark of Markit Group Limited.
UK claimant count rate drops to 2.7%
November saw the number of people claiming Jobseeker’s
Allowance in the UK fall by 26,900 to 900,100, the lowest since
July 2008.
That was according to the latest data from the Office for National
Statistics (ONS), which added that the corresponding claimant
count rate* dropped to 2.7% in the penultimate month of the year
– likewise the lowest since July 2008.
The South East of England again recorded the lowest overall
unemployment rate at the regional level, its 1.5% slightly better
than the 1.6% registered in the South West of England.
Northern Ireland continued to post the highest claimant count rate
at 5.8%, followed by the North East at 4.5%.
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South East 71 1.5 (1)
South West 44 1.6 (2)
East of England 59 1.9 (3)
London 131 2.4 (4)
East Midlands 60 2.6 (5)
NW & Merseyside 100 2.8 (6)
Scotland 87 3.2 (7)
West Midlands 94 3.4 (8)
Wales 51 3.6 (9)
Yorks & Humberside 98 3.7 (10)
North East 55 4.5 (11)
Northern Ireland 51 5.8 (12)
United Kingdom 900 2.7
Claimant count (Nov’14)
Region ‘000s Rate (%)* Rank
Source: Department for Work & Pensions and National Statistics.
* As a percentage of Claimant Count + Workforce Jobs.