20 Oct CANDIDATE AVAILABILITY DOWN AS RECRUITERS FIND IT HARD TO FILL VACANCIES
Candidate availability in the UK fell to its sharpest level in four months in September while the availability of temporary workers also fell at a historically marked pace, according to the latest IHS Markit/REC (Recruitment and Employment Confederation) Report on Jobs.
“Recruiters are finding it even harder to find people to fill vacancies. Candidate availability has been falling for the past four years and the record high UK employment rate plus a slowdown in the number of EU nationals coming to work here is exacerbating the situation, potentially leaving roles unfilled,” Kevin Green, REC Chief Executive, said.
Meanwhile, the strong demand for staff and a further drop in candidate availability placed further upward pressure on pay during September. Permanent starting salaries rose at the second-steepest rate in 22 months (after August), while temp pay growth softened only slightly from August’s 16-month record.
Permanent staff placements rose at the softest pace since April at the end of the third quarter ending September. Temp billings meanwhile rose sharply, despite also seeing pace of expansion moderate from the previous month.