REC survey reveals pick up in UK job market

| December 8, 2010 | 0 Comments

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during November.

The survey of 400 recruitment consultancies showed job appointments grew at their fastest pace in three months.

The permanent staff placements index surged to 55.2 in November, from to 52.6 the previous month.

Meanwhile, the temporary staff index also reached a three-month high to 53.5 in November, from October’s 51.6.

Both indices remain over the crucial 50 level, which indicates growth, but the readings are still a way off the highs of 65 reported earlier in the year.

KPMG’s Bernard Brown describes the data as “very encouraging” and suggests that “a turning point for the UK jobs market may have been reached as employers across the board are recruiting more people.”

The latest figures show UK unemployment dipped in the three months to September.

According to the Office for National Statistics, unemployment fell by 9,000 in the three month period to an almost unchanged reading of 2.448 million.

The latest figures means the unemployment rate held steady at 7.7%.

However, despite the positive figures, harsh spending cuts introduced by the Government will see thousands of public sector jobs go over the next four years.

Tags: , , REC, Recruitment and Employment Confederation, ,

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