Employer confidence returning to jobs market
The report reveals that hiring intentions have continued to improve and that 76% of employers plan to increase their permanent headcount in the next three months.
REC also expects permanent starting salaries to rise as confidence and competition returns to the market.
The total turnover in the UK jobs market is currently £26.5 billion, with £2.4 billion of this permanent jobs and £24.1 billion temporary or contract work.
The UK economy grew by 1.9% in 2013, but this is forecast to improve to 3% by the end of 2014. Unemployment continues to fall, from 7.9% to 6.6%.
Graeme McKinnon, managing director at Select Appointments, commented “All the signs are good for a full recovery, but more still needs to be done, especially with youth and long-term unemployed. This is not a time for complacency, everyone who is involved in the jobs market has to work together to ensure the sector continues to improve.
“The number of permanent jobs available is increasing, as are starting salaries, so job seekers can read this and start to feel optimistic for the future.”