The July 2024 KPMG & REC UK Report on Jobs

July 2024 Report on Jobs

Candidates placed in permanent positions fall again

‘’Candidates placed in permanent positions fall again’’

‘’Fastest rise in permanent pay for eight months’’

‘’Staff availability continues to climb’’

 

The July 2024 KPMG & REC UK Report on Jobs is now out.

 

The latest KPMG & REC UK REPORT ON JOBS has been published featuring survey results from June 12-24 2024.

 

Commenting on the latest survey results, Jon Holt, Chief Executive and Senior Partner of KPMG in the UK, said:

“Despite robust national employment data, the latest survey results indicate that employers are still hitting the brakes on recruitment with the general election period causing some uncertainty. Permanent hiring has taken a particular hit, as companies either delay or focus on temporary appointments. This lack of demand means competition for the few roles available continues to drive pay growth.’’

 

Neil Carberry, REC Chief Executive, said:

“Recruiters report companies delayed some permanent hiring decisions during the election campaign. Now a new government has been elected, recruitment firms are looking for that investment to be unlocked. The return of temporary worker demand to positive territory, driven particularly by the Midlands and North, is a sign that the gentle improvement of the last few months is still with us despite the political noise.’’

 

Key findings are:

  • Decline in permanent placements
  • Rise in temporary billings
  • Salary growth
  • Demand for staff
  • Staff availability
  • Regional variations
  • Sector variations

 

You can read the full report here

Chris Wright
July 9, 2024
View profile

Other press room posts

human resources compliance
Employers
15/7/2024

What is Compliance Management in HR?

Stepping up human resources compliance can be a huge challenge for a growing business. Particularly for sectors that require quick scaling or use a large amount of temporary workers.

Read here
Industry update
3/7/2024

The UK Job Market and Political Promises

Here are the promises made by the Conservative and Labour Parties, along with potential implications for the labour market, should they win in July.

Read more
recruitment partner
Employers
17/6/2024

The Benefits of Working with a Recruitment Partner

In a dynamic job market, it can be difficult for employers to find the best candidates for their open roles, especially with the amount of time and effort it can take to sift through to find the best of the best.

Read more
See all posts
Button arrow
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
CALL US
Monday to Friday
9:00am to 5:00pm
KETTERING
01536 532820
NORTHAMPTON
01604 704058