Coronavirus Job Retention Bonus: Further Information Released
Latest findings from the Recruitment and Employment Confederation (REC) /KPMG report have shown that contractors continue to see high demand.
The Report on Jobs revealed that recruitment consultancies placed greater numbers of people into temporary roles during July, with rates of expansion accelerating to a seven-month high.
Temporary/contract staff availability decreased at the fastest pace since March 1998, with growth in rates of pay remaining strong.
Looking at a regional analysis, the Midlands recorded the strongest temp billings growth of all four English regions monitored.
Construction workers were found to be the most sought after of all the sector categories.
REC CEO Kevin Green said, “The jobs market continues to go from strength to strength with a further increase in the number of people finding new jobs last month, and both starting salaries and hourly pay rates continuing to grow.
“The UK’s post-recession problem is skill and talent shortages. The economy is going to be constrained by this ongoing talent crisis if employers keep doing business as usual. Hirers need to take on more young people and train and develop their employees like never before.”
Commenting on the fact that the construction sector topped the tables for demand for both permanent and agency staff Kevin Green added, “The demand for staff in UK construction shows the industry is rising out of the recession. But without more people skilled, available and willing to take jobs as site managers, joiners and electricians we can’t build the new homes and infrastructure that this country desperately needs.”
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