Summary of the latest report
The latest Report on Jobs reveals that placements are falling a weaker pace than previously seen. The number of staff appointed to permanent positions by UK recruitment consultants continued to decline during April. Temp billings also declined, however the rate of contraction was the slowest since January. Meanwhile, there were sharp increases in permanent and temporary staff availability, these rises were most prominent in London. Additionally pay rates picked up during April as firms remained willing to raise wages to attract suitable candidates. The latest data signalled that pay has now increased for both permanent and temporary staff for 38 months in a row.
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