Report on Jobs finds contractor placements and pay rates have risen
The latest Report on Jobs has shown that although there was a slight dip in last month’s contractor billings, the number of contractors placed in jobs has now shown an increase.
According to the recent Report on Jobs, carried out by the Recruitment and Employment Confederation (REC) and KPMG, temp billings rose considerably.
Contractor’s will also be pleased to hear that the survey shows that temp’s hourly pay rates saw an increase.
Increased demand was found for eight out of nine types of contracting sectors, with the strongest growth by the nursing/medical/care workers – which has been the case for many months now. The engineering sector also experienced a strong growth.
REC chief executive Kevin Green said, “This month’s data is a strong indicator that the jobs market, the unsung hero of the UK economy over the last 18 months, is picking up pace.”
“Recruiters tell us that employers are more optimistic and are planning to increase their temporary and permanent hiring.
Bernard Brown, Partner and Head of Business Services at KPMG, added “It looks as if months of rhetoric are finally becoming a reality. It seems that private sector jobs are boosting the chances of economic growth.
“The latest figures certainly give the strongest indication for some time that the jobs market is on an upward trajectory.”
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