Commenting on the latest survey results, Ronnie McCombe, partner at KPMG, said:
“It’s encouraging to see permanent placements in positive territory for the third month in a row in 2012, albeit slightly down on last month’s high. This provides further hope that the employment market will win through to a stronger recovery as the year progresses. Sectors such as IT & Computing and Engineering/Construction continue to perform well. However, it is certainly still too early to call a jobs recovery. There remain real tensions beneath the surface. Some of the rise in permanent placements appears to stem from employers simply switching temporary workers to permanent status due to the higher entitlements that the Agency Worker Regulations have given them. And while it is heartening to see that overall vacancies are rising, salaries are stagnating meaning the economy is likely to carry on feeling the pinch from cost conscious consumers reluctant to part with their money.
“There are grounds
Commenting on the latest Recruitment survey results, Ronnie McCombe, partner at KPMG, said
“It’s encouraging to see permanent placements in positive territory for the third month in a row in 2012, albeit slightly down on last month’s high. This provides further hope that the employment market will win through to a stronger recovery as the year progresses. Sectors such as IT & Computing and Engineering/Construction continue to perform well. However, it is certainly still too early to call a jobs recovery. There remain real tensions beneath the surface. Some of the rise in permanent placements appears to stem from employers simply switching temporary workers to permanent status due to the higher entitlements that the Agency Worker Regulations have given them. And while it is heartening to see that overall vacancies are rising, salaries are stagnating meaning the economy is likely to carry on feeling the pinch from cost conscious consumers reluctant to part with their money.“
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