News
Summary of the latest report
The latest Report on Jobs signalled a relative improvement in hiring conditions in October. Temp billings expanded for the first time since June 2024, while the downturn in permanent placements eased for the fourth straight month. Vacancies continued to fall, but the rate of decline eased to the softest in three months. Data indicated that permanent vacancies continued to fall at a steeper rate than temporary roles.
Demand for permanent workers increased across the Accounting/Financial and Engineering sectors in October. Whereas the only sector to see increased demand for short-term staff in October was Blue Collar.
Read the key findings to understand the impact on staff salaries, availability and sector trends.
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Alternatively, Report on Jobs is available to REC Corporate members for an annual subscription of £450, and to non-members for £750.
To subscribe or to join the panel, please contact S&P Global on economics@spglobal.com
