Hiring increased in November at its fastest rate for over 18 months, according to a survey of 400 job agencies by the Recruitment and Employment Confederation and KPMG.
According to the data from the REC/KPMG report:
November data indicated a second successive monthly rise in permanent staff placements, with the rate of growth picking up to the fastest for 19 months. Temp billings also increased at a sharper rate, with the pace of expansion the highest since March 2011. Overall job vacancies increased at a faster pace in November, with growth at a 19-month high. Data showed that robust demand from private sector employers offset weak demand from the public sector.

Whilst Chrysalis do not currently work on contract or temporary placements, we have experienced a increase in permanent hirings for the month of November, reflecting the trends of recruitment as a sector.

Recruitment and Employment Confederation chief executive Kevin Green was enthused by the results.
“Recruiters are reporting another monthly increase in the number of people they have placed into permanent and temporary jobs and it’s beginning to look like an accelerating trend. Employer confidence is genuinely bouncing back with businesses feeling more encouraged to hire, which bodes well for the New Year.
“The reductions in corporation tax and investment in big infrastructure projects announced in the Autumn Statement should help boost confidence even higher and encourage more job creation in 2013.”

“Before anyone gets the bunting out, the good news must be seen in the context of a fragile economy that remains susceptible to future shocks,” said Bernard Brown, KPMG’s head of business services.

“For November, the latest figures offer evidence of an improved jobs market across the country. Intriguingly, the growth outside London has been more pronounced, particularly in the North of England where there was a marked increase in the availability of permanent employment.

“Perhaps the Government’s long-term strategy for jobs is beginning to bear fruit. With the latest figures hinting that robust demand in business is offsetting weak demand across the public sector, we might just be seeing signs of resilience.”

Read the full report here.