Permanent job vacancies rose by 5.7% on an annual basis in the three months to March, with the Private Sector outperforming the Public Sector and permanent vacancies out performing temporary vacancies. This growth was consistent throughout the industry sectors with IT Computing and Engineering and IT & Computing being the strongest.
The availability of candidates to fill permanent and temporary vacancies continued to decline markedly, with the rate of reduction quickening in April.
Growth in starting salaries for candidates placed into permanent roles remained sharp, with scarcity of suitably skilled staff being the main factor driving up short-term pay rates.
Vacancies for permanent and temporary staff were once again up in March with the private sector growing faster than public sector. All sectors are growing but they are led by Engineering jobs with Executive/Professional jobs growing the least. Average starting salaries in permanent jobs were up, with the South East experiencing the greatest rise Temp rates are also up, extending this trend to 62 months, with the highest level of inflation being in London.
Pay growth was further fuelled by the low availability of talent in the market place.