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October 2016 Jobs Market Report

08 November 2016

October Jobs Market Report.

The October jobs survey, contributed to by Badger Associates, shows that permanent and temporary placements are rising solidly. The amount of people placed in permanent roles increased for the third month running in October. Moreover, the rate of expansion quickened to the steepest recorded in eight months. Temporary/contract staff placements also rose at a faster pace at the start of the fourth quarter, with the rate of growth accelerating to a five-month high as demand for staff improves further.

The robust increase in staff appointments was supported by increased employee vacancies in the latest survey period. Furthermore, demand for both permanent and temporary staff was at the highest since May.  Stronger increase in salaries are indicated as permanent staff starting salaries rose further in October, with the rate of increase picking up to its strongest for five months. Growth in hourly pay rates for temporary/contract staff meanwhile quickened slightly from September’s 40-month low, but remained relatively modest overall.

A further drop in candidate availability is shows that the availability of permanent candidates continued to decline in October, and at a steeper rate than in September. Meanwhile, the availability of temporary/contract staff fell at the softest rate in four months.