'Impressive' employment figures


Job centre

Recruitment firms continue to place more people in jobs, giving fresh evidence of an improvement on the employment front, according to new research.

The Recruitment and Employment Confederation (Rec) and KPMG said permanent staff appointments have risen at the fastest rate for three years, with temporary jobs almost as strong.

Vacancies rose last month to a six-year high, although there was a fall in the availability of candidates.

Rec chief executive Kevin Green said: " The jobs market continues to skyrocket with permanent employment and temporary placements at three and two-year highs, and vacancy growth accelerating to a six-year high. A combination of confidence returning to the UK economy and higher employer demand have contributed to this impressive set of figures.
"Starting salaries accelerated in July reaching the highest for 26 months. This is an early indicator of increased competition for candidates and skills shortages in a growing number of sectors. In addition to this, hourly rates for temp workers increased at the strongest rate since January 2008.

"We anticipate starting salaries increasing over the coming months as the economy strengthens and competition to secure talent hots up."

Bernard Brown, of KPMG, said: " With house price and service sector figures moving in an upward direction, indications are that the economy is getting stronger."

© 2013 Press Association