Daily NewsView All News
Hiring levels in the third quarter have increased by +3% across the UK with the North East boasting quarterly growth of 25% in temporary vacancies, a new study by specialist provider Venn Group has found.
The study claims that signs of an economic recovery are ripe as recruitment activity has improved in the three months to September with the exception of London where vacancies were down by -15.5% since the previous quarter.
“The economy is showing positive signs of recovery and temporary employment levels in the UK are once again on the up,” said Robert Bowyer, director of Venn Group.
“A trend which we are seeing across all sectors in every region is the fact that IT and digital are performing particularly well. Businesses which cut back on spending when times were tougher are now investing in quality infrastructure to manage increased compliance and improve efficiency, and we expect to see this continue into next year.”
However, jobs within commerce and industry decreased by -15.5%, suffering from the aftermath of the Olympic Games and hitting London in particular. Temporary vacancies in the financial services decreased by -16.4% from the last quarter, impacted by the European debt crisis and lower business confidence. But the report found that the temporary and interim market is enjoying “high levels of activity” in the public sector across the UK, with vacancies rising +14.3%. This was helped by recent changes in the National Health Service.