Growth of permanent job placements slows in February, jobs report finds

The growth of permanent job placements rose at its slowest rate in four months during February, a report from the Recruitment and Employment and Confederation (REC) and KPMG shows.

The REC and KPMG Report on jobs, published today provides a comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies.

It revealed that recruitment consultancies signalled further increases in permanent placements and temporary billings during February. However, in both cases the rates of expansion moderated.

The report showed that starting salaries for people placed in permanent jobs by recruitment consultancies rose further in February. The rate of inflation quickened to a 17-month high. It also found little-change in hourly pay rates for temporary/contract staff.

The jobs report found growth of permanent placements registered in all English regions during the latest survey period, with the north posting the fastest expansion and London the slowest….


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