Decline in recruitment starting to slow

first_imgDemand for staff is continuing to fall, but there are signs that the labourmarket’s rate of decline may have eased. A report by the Recruitment and Employment Confederation shows that thenumber of people placed in permanent jobs fell in December for the eighthmonth. But Report on Jobs, the monthly survey of recruitment consultants, alsoreveals that the rate of decline eased for the second consecutive month after arecord low in October last year. Recruitment consultants report that average salaries of staff taking uppermanent jobs fell for the third consecutive month and average hourly rates ofpay for temporary staff show almost no growth for the second month running. Job vacancies in the national press in November were down 40 per cent on ayear ago. There was a big difference between private- and public-sector job ads,declining 59 and 6 per cent respectively. Brett Walsh, head of Andersen Human Capital UK, believes unemployment willrise again before it falls. “UK employers are waiting to see the impact of the US economic slowdownand the introduction of the euro,” he said. www.rec.uk.com Comments are closed. Previous Article Next Article Decline in recruitment starting to slowOn 15 Jan 2002 in Personnel Today Related posts:No related photos.last_img read more

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